Analysts at CoinGape noted that institutions appear to be rotating out of crypto and into AI equities, specifically citing the upcoming IPOs of SpaceX, OpenAI, and Anthropic as the pull factor. That's exactly where the money went.
Coincub
The headline crypto event was $1.47B in ETP outflows β the worst single week of 2026 β with $1.29B exiting BlackRock's spot Bitcoin ETF through a dark pool, a deliberate structured distribution designed to minimize price impact rather than a panic sell.
CoinMarketCap