Bitcoin (BTC) continued its downward trend on Saturday, falling to nearly $74,300 as investors accelerated withdrawals from U.S.-listed spot Bitcoin ETFs. The leading cryptocurrency touched its lowest level since April 20, according to CoinDesk market data, after losing more than 3% in the past 24 hours.
Institutional money is rapidly rotating across the crypto ETF landscape as investors move away from traditional Bitcoin and Ethereum exposure toward higher-growth blockchain infrastructure themes.