The downward trend in Bitcoin (BTC) and the cryptocurrency market is deepening. Bitcoin fell to $60,000 in early February, and this decline was also reflected in US spot Bitcoin ETFs.
According to the data, US spot Bitcoin ETFs experienced their longest outflow period since February 2025.
According to SoSoValue data, US spot Bitcoin ETFs experienced net outflows for five consecutive weeks, totaling approximately $3.8 billion. This marks the longest series of outflows since February 2025.
BlackRock’s IBIT fund led this decline, with withdrawals of approximately $2.13 billion during the same period.
This trend in spot Bitcoin ETFs underscores the ongoing institutional caution towards Bitcoin following the sharp market downturn last October. At that time, risks and increased volatility in overseas exchanges negatively impacted market sentiment.
While recent capital outflows are similar in length to those in February of last year, they’re not as bad, with only $3.8 billion outflows compared to the $5 billion experienced then. The drop during the same period last year led to a market crash in the following weeks, with Bitcoin falling to $75,000 in early April.
Experts added that current market conditions, including escalating US-Iran tensions, President Donald Trump’s announcement of a global tariff policy, and technical charting factors, further fueled risk aversion and outflows from spot Bitcoin ETFs.
*This is not investment advice.
Continue Reading: Bitcoin’s Decline Also Negatively Impacted US Spot Bitcoin ETFs! “The Longest Rise Period Ever Experienced!”
Go to Source
Author: NixCoin
Show AI SummaryVulnerabilities in Zcash’s codebase could crash nodes and risk network splits due to…
Show AI SummaryA $13 million cyber heist on Grinex exchange exposes vulnerabilities in the shadow…
Show AI SummaryScammers leverage advanced tech to make crypto fraud schemes appear credibleFraudsters use social…
Show AI SummaryJudge dismisses securities claims against Caitlyn Jenner’s $JENNER token, citing lack of common…
Show AI SummaryInvestors are adopting a flight-to-quality approach, driven by declining venture capital deal counts…
The conversation around real-world assets, or RWAs, got another boost today after the RWA Foundation…
This website uses cookies.
Read More