New Bitcoin ETF outflows are exposing BTC to Wall Street’s most crowded trade

Bitcoin ETF outflows are turning rising Treasury yields into a direct test for BTC price after Bank of America’s May Global Fund Manager Survey showed professional investors cut bond allocation to a net 44% underweight, the deepest positioning since June 2022, down from 33% underweight in April. At the same time, managers pushed global equity […] The post New Bitcoin ETF outflows are exposing BTC to Wall Street’s most crowded trade appeared first on CryptoSlate.