The US Spot Bitcoin ETF has experienced a net outflow of three consecutive days, a loss of about $ 500 million in this period, which is leading till 20 February.
The three -day outfit began on 18 February with $ 61.4 million, followed by $ 71.07 million on 19 February. However, on 20 February, pure outflow rose by $ 364.93 million, according to, data From Sosowale. It marks the most important single-day fall in three days.
Blackrock’s Ibit experienced the largest single-day return with a decrease of $ 112.05 million. The next largest outflow was $ 98.3 million from RKB of Arc Invest and $ 89.24 million from Fidality FBTC. With $ 33.5 million in the outflow, GBTC of Grassscale continued its outflow streak after its conversion from a trust structure. Interestingly, Bitwiz’s bitb had an influx of $ 24.1 million, while Venak’s Hodal saw a minor advantage of $ 4.18 million.
Bitcoin (BTC) ETF outflow has given rise to concerns about changing investor spirit. However, institutional demand is increasing. Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company recently shows a long -term investment of $ 436.9 million in Blacrock’s IBIT.
In addition, Barclays has invested $ 131 million in Ibit as Q4 2024 in Ibit.
Crypto analyst Miles Dutasher said that the ETF approval around Trump and the enthusiasm as markets in early demands, Bitcoin and Atherium (ETH) have decreased due to flowing into ETFs. Investors are currently waiting for the next important catalyst to push prices more, as a large part of that purchasing pressure has already been felt.
Uncertainty has also increased as a result of late introduction to strategic bitcoin reserve. Many investors had speculated that this would be done soon after Donald Trump took over and possibly promoting the new institutional flow.
Despite the outflow, the price of bitcoin has been relatively stable at $ 98,000, which is 1% in the last day. According to analysts, long -term demand from institutions is an important aspect for monitoring, as it can help maintain bitcoin speed in the coming months.
