Bitcoin hits lowest level since April as spot ETFs see $2.26B pulled in two weeks

Bitcoin slid to $74,300 early Saturday, its weakest level since April and more than 10% below the May 6 high of $82,500, according to CoinDesk. Spot bitcoin ETFs have posted six consecutive sessions of net outflows since May 15, including $1.26B last week and $2.26B over the past two weeks. Spot ether ETFs extended their selloff to a 10-day outflow streak. BlackRock's IBIT now reports $61.1B in net assets versus $64.8B in cumulative inflows, leaving AUM about $3.7B below total money raised. Higher bond yields are drawing capital away from zero-yield assets, while speculative flows rotate into SpaceX pre-IPO exposure and commodities.