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Bitcoin ETFs see nearly $500M in 3-day outflows

Bitcoin ETFs see nearly $500M in 3-day outflows

GrafaGrafa2025/02/21 12:00
By:Mahathir Bayena

U.S. spot Bitcoin (CRYPTO:BTC) ETFs have recorded three consecutive days of net outflows, totaling nearly $500 million leading up to February 20.

The outflows began with $61.4 million on February 18, followed by $71.07 million on February 19.

The largest single-day decline occurred on February 20, with net outflows reaching $364.93 million, according to data from SoSoValue.

BlackRock’s IBIT saw the largest single-day withdrawal, losing $112.05 million.

Other significant outflows included $98.3 million from ARK Invest’s ARKB and $89.24 million from Fidelity’s FBTC.

Grayscale’s GBTC continued its outflow streak with $33.5 million in withdrawals.

Meanwhile, Bitwise’s BITB recorded inflows of $24.1 million, and VanEck’s HODL saw a small gain of $4.18 million.

These Bitcoin ETF outflows have raised concerns about shifting investor sentiment.

Spot Bitcoin ETFs in the U.S. saw more net outflows on February 19 as Bitcoin struggled amid delays in crypto regulations and geopolitical tensions, including U.S.-China tariff disputes, keeping the market in a consolidation phase.

However, institutional demand remains strong.

Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, recently invested $436.9 million in BlackRock’s IBIT, demonstrating long-term confidence.

Despite the outflows, Bitcoin’s price has remained relatively stable at $98,000, up 1% over the last day.

Ethereum (CRYPTO:ETH) ETFs have shown a slight edge, outperforming their Bitcoin counterparts.

As per SoSoValue data, Ethereum ETFs recorded $19.02 million in net inflows, led by Fidelity’s FETH, which gained $24.47 million.

Grayscale’s ETHE, however, saw $5.45 million in net redemptions, partially offsetting the gains.

At the time of reporting, the Bitcoin (BTC) price was $98,406.90.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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