Bitcoin ETFs See Record Outflows as Investors Take Profits After All-Time High

Bitcoin ETFs saw a record $742 million in outflows this week, led by $1.4 billion in redemptions from Grayscale's fund.

Outflows likely due to investors taking profits after Bitcoin's recent all-time high.

Inflows slowing as well, with retail traders "darting in and out" while institutions take more time.

ETF launches still hugely successful, with over $11 billion in inflows to date.

Bitcoin dropped 16% from its peak but still trading around $65,800.