Investors are reducing their exposure to US technology stock funds, a move that is raising alarm bells in financial markets, including bitcoin (BTC).
Proof of this is that in the last two weeks, funds linked to this sector recorded outflows of 2,000 million dollars. The following graph shows the largest capital outflow in technology funds in a two-week period since February 2025.
The light blue bars represent the weekly flows of technology funds, while the dark blue line shows the four-week moving average.
The most relevant data is the recent strong negative movement, which reflects an abrupt withdrawal of capital from the sector in a context of greater volatility and adjustment in investor expectations.
In this scenario, the market debates whether it is simply a case of profit-taking after the previous increases or if, on the contrary, It is the prelude to a greater correction.
For example, the Nasdaq 100 stock index, which brings together companies in the technology sector, was trading at historical levels, as seen in the following graph, but is now facing a fall:
And what does all this have to do with bitcoin? Which they both share, to a large extent, the same risk profile within investment portfolios. Below is the relationship between the price of BTC and the Nasdaq 100 and the S&P 500:
For many institutional investors, BTC is part of the set of growth assets, along with technology stocks, as CriptoNoticias has explained.
For this reason, when risk aversion increases and exposure to that sector is reduced, the adjustment usually extends to digital assets as well.
Besides, Money flows tend to move in a coordinated manner. If technology funds record outflows, it is a sign that investors are reducing positions in assets considered risky, such as stocks, BTC and cryptocurrencies.