Techub News reports that, according to CryptoBriefing, Bitcoin ETFs have experienced a net outflow of $490 million over the past three days, indicating a slowdown in short-term institutional investor demand. Despite recent capital outflows, there was a net inflow of $1.97 billion in April 2026, reaching a new monthly high for the year. The easing of geopolitical tensions has stabilized crude oil prices, prompting the market to reassess inflation expectations. Analysis indicates that short-term fluctuations are mainly driven by macroeconomic factors, and Bitcoin's position as "digital gold" remains favored by institutions in the long term.