Bitcoin Spot ETFs Log a Five‑Week Downward Trend – Details

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about 4 hours ago

Bitcoin ETF Performance

Bitcoin Spot ETFs face consistent net outflows, with $3.81 billion withdrawn over five weeks ending February 20. Retail and institutional investors show heightened bearish sentiment, as weekly outflows reached $315.89 million. Institutional funds saw brief inflows of $88.04 million on Friday but failed to reverse the multi-week decline.

Key ETFs and Outflows

BlackRock’s IBIT led outflows with $303.4 million, while Fidelity’s FBTC recorded $19.60 million net withdrawals. Grayscale’s GBTC, Bitwise’s BITB, and ARKB also faced significant outflows. Valkyrie’s BRRR had minimal redemptions at $1.7 million, and Grayscale’s BTC remained the only ETF with $35.97 million in net inflows.

Ethereum ETFs and Market Context

Ethereum ETFs mirror Bitcoin’s struggles, with $123.37 million in net outflows over the past week. Institutional funds have yet to record positive net flows in over six weeks. Ethereum trades at $1,978, while Bitcoin holds at $68,357. BlackRock’s IBIT dominates Bitcoin ETFs with 60% of assets under management, totaling $85.31 billion.