Bitcoin ETFs pulled in $700M in the first week of May and briefly pushed BTC above $80K. Since May 14, those same ETFs have seen $1.55B in cumulative outflows over six straight days — BlackRock's IBIT alone took a $448M single-day hit. On paper it looks like institutional retreat, but analysts tracking the flows are calling it something different: rotation. The argument is that capital isn't leaving crypto — it's moving between products. BlackRock and Fidelity are still capturing the largest share of new inflows even as older money exits. BTC is holding around $76.9K despite the outflow streak, which supports the rotation thesis. ETH at $2,100 hasn't moved much either. When $1.5B walks out of one door and price barely flinches, something structural is absorbing the pressure. Is the ETF outflow streak a warning sign or just institutional rebalancing? Just sharing my thoughts. Not financial advice. DYOR. #ETFRotation #OKXOrbit