Bitcoin ETFs: Retail Rotation Drives $12B Outflows

Bitcoin and gold ETFs have seen -$12 billion in cumulative outflows since April while semiconductor ETFs attracted +$20 billion in inflows, with the pace tripling for outflows and doubling for inflows after mid-May; $GLD fell 13% and $IBIT dropped 12% over the period as $SOXX and $SMH climbed 81% and 60%. Retail capital rotation from Bitcoin ETFs to semiconductor stocks has accelerated sharply in the past six months, echoing prior patterns of flows between crypto and tech sectors. On the 4h chart BTC trades at $60865.95 inside the Bollinger band with price testing upper resistance at $62188.83 while the EMA50 at $61922.68 acts as immediate resistance above the EMA200 at $66900.5; the neutral RSI at 48.44 paired with the MACD golden cross at -590.48 suggests a healthy retracement toward the $58705.09 lower band support before any continuation higher, directly shaping near-term BTC price prediction amid this crypto market crash rotation and AI industry impact on chip demand.