Bitcoin ETFs snap nine-day winning streak as BTC slips under 78k

The wall of institutional money finally hit a snag on Friday. After nine straight days of relentless buying, U.S. spot Bitcoin ETFs reversed course with $201.8 million in net outflows. The retreat wasn't subtle; ARK 21Shares led the exodus as traders hit the sell button. This sudden pivot dragged total assets under management back below the psychological $100 billion milestone, a level the industry fought hard to clear earlier in the week. While nine days of green felt like a new normal, the price dip below $78,000 reminded everyone that volatility hasn't left the building. It's a sharp contrast to the massive inflows seen just 48 hours prior. The question now is whether this exit is a momentary breather or the start of a deeper correction as we head into the weekend.