Bitcoin Price Stabilizes Amid $465M ETF Outflows and Shifting Investor Preferences

Bitcoin's price has stabilized at $64,419 despite experiencing over $465 million in ETF outflows across two days. This substantial withdrawal of institutional liquidity has dampened trading activity and weighed on overall demand.

The pullback is attributed to rising U.S. Treasury yields and ongoing regulatory uncertainty, causing investors to reduce their exposure to Bitcoin.

Institutions have begun shifting towards ether funds, which attracted more new capital over the past week.

Bitcoin's price dynamics show a mixed momentum as overbought signals clash with waning demand. The asset is trading above its short- and medium-term moving averages but below the longer-term average.