Bitcoin Spot ETFs Register $360M In Net Outflows, Extend 4-Week Red Streak
US Bitcoin Spot ETFs extended their outflow streak to four consecutive weeks, with a net withdrawal of $359.91 million in the second week of February. This brings total outflows for 2026 to $2.28 billion, reflecting persistent institutional caution amid Bitcoin's price volatility. While the week started with $311.56 million in net inflows, sentiment shifted mid-week with significant outflows from major issuers. BlackRock's IBIT led the outflows at $234.65 million, followed by Fidelity's FBTC at $124.73 million. Grayscale's GBTC also saw redemptions, though its secondary product, Grayscale BTC, attracted $110.08 million in inflows. Despite the short-term outflows, the total net assets for all Bitcoin spot ETFs remain strong at approximately $87 billion, with cumulative net inflows since their 2024 launch at $54.33 billion. Bitcoin was trading at $69,479 at the time of reporting.
bitcoinist02/15 13:02