Spot bitcoin exchange-traded funds in the US shifted to pure outflow on 18 February. Bitcoin was summarized under $ 95,000, approved a strategic bitcoin reserve in the US by reducing Trump’s obstacles.
As data From Sosowale, 12 spot bitcoin ETFS on Friday recorded a net outflow of $ 60.63 million, reversing one with $ 66.19 million in the net flow recorded in the previous trading day.
Most of the outflows came from Bitwiz Bitbi, with the funds out of $ 112.65 million, after FBTC of Fidelity, which was logged in for $ 16.42 million.
Blackrock’s ibit managed to offset the part of these outflows, attracted to investors to $ 68.44 million, while the remaining nine bitcoin ETFs did not register any flow for the day.
Despite the outflow, Bitcoin ETF experienced an increase in trading activity, increased to $ 2.83 billion on 18 February daily, above the previous day above $ 2.2 billion.
Meanwhile, nine spots Etharium ETF continued its positive streak, a minor recording $ 4.6 million On 18 February, completely from Fidelity’s Faith, which was logged in for the third consecutive day. The remaining ETH ETF remained neutral on the day.
In particular, such a mixed landscape reflects a comprehensive change in the market spirit, informed as part of an ongoing downtrend since all time of $ 109,200 below $ 95,000 with bitcoin. Was gone A major factor behind this decline reduces confidence in the possible installation of a strategic bitcoin reserve in the US under the Trump administration.
But PolymarketA prediction market tracking this possibility, President Donald Trump’s possibility of launching an SBR within its first 100 days has fallen to 11%, a major decline from the January 40%peak. Decreasing obstacles show that increasing doubts among investors about the administration’s commitment to such a reserve.
Despite this decline, the discussion about a strategic bitcoin reserve is allegedly going on within the Trump administration. David Sachs, a major enterprise capitalist, who now oversees the Crypto and AI policy, has admitted that these conversations are happening.
Bitcoin (BTC) was 0.4% below the previous day in press time, exchanging hands at $ 95,287, while the Ethereum (ETH) was also trading sideways on $ 2,688 per coin.
