Bitcoin Falls to $63,000 as $4B Flows Out of Spot ETFs Since May 14; Saylor Calls It Capital Rotation

BTC-2.7%
ETH-6.96%
According to Michael Saylor, founder of Strategy, the recent capital outflows from Bitcoin spot ETFs and shift toward artificial intelligence investments represent capital rotation rather than devaluation of Bitcoin. Bitcoin fell to $63,000 and Ethereum to $1,770 following the market decline. Approximately $4 billion has exited spot Bitcoin ETFs since May 14, while an estimated $400 billion has been deployed into AI infrastructure over the past six months. Saylor stated on X that the capital markets are funding AI on a historical scale, and while this creates downward pressure on BTC, it reflects market dynamics rather than diminished confidence in Bitcoin's fundamentals.
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