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Bitcoin ETFs are currently facing a difficult period of selling pressure. Recent SoSoValue data confirms four straight weeks of net outflows.

Investors have pulled $1.3 billion, $1.5 billion, $318 million, and $360 million in consecutive weeks.

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If this trend continues through the end of the week, it will be the fifth straight week in the red. The last time the market saw such a long streak of outflows was in March 2025. Back then, Bitcoin was trading at a value of roughly $82,000.

The recent price drop has been significant for many traders. Bitcoin has fallen from a high of $126,000 in October to $69,000 today. This downward movement has sparked widespread speculation about a new crypto winter.

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The regulatory environment remains a focus for the industry. The White House is mediating negotiations between major banks and crypto companies. The main point of contention is the future of the stablecoin landscape and the CLARITY Act. Banks are concerned that high stablecoin yields might cause a flight of traditional deposits.

Changes at the Federal Reserve are also impacting market sentiment. The recent nomination of Kevin Warsh as Fed Chair is seen as a hawkish move. Warsh is known for his skepticism toward quantitative easing and loose monetary policy.

While liquidity has risen due to RMP policy (Reserve Management Purchase), interest rates remain a major concern for risk assets.

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Many analysts are now looking at historical patterns for guidance. Discussions last year suggested that the classic four-year cycle might be over. However, the current market downturn serves as an affirmation that these cycles are still in effect.

Adding to the news, Trump Media & Technology Group has entered the space. They recently filed for a "Truth Social" ETF that includes Bitcoin and Ether. The proposed funds aim to incorporate staking rewards through a partnership with Crypto.com.