tiprankstipranks
Advertisement
Advertisement

Investors Hit the Brakes on Bitwise’s BITC as Bitcoin Slump Triggers Sharp ETF Outflow

Investors Hit the Brakes on Bitwise’s BITC as Bitcoin Slump Triggers Sharp ETF Outflow

Bitwise Bitcoin Strategy Optimum Roll ETF’s BITC saw a sharp reversal of sentiment on April 10, 2026, as investors pulled $920,250 from the fund. The outflow, equal to about 6.07% of its $15.16 million in assets under management, marks a meaningful vote of caution toward one of the more niche futures-based Bitcoin strategies.

Claim 55% Off TipRanks

The retreat comes as the related asset, BTC-USD, trades around $74,659.43 after a bruising three months in which it has shed roughly 21.52%. Despite the drawdown, the coin’s short-term technical backdrop remains indecisive, with a 1-day signal stuck at Hold, underscoring traders’ uncertainty over whether the next big move will be a rebound or a deeper correction.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

Disclaimer & DisclosureReport an Issue

1