{"id":21529,"date":"2025-02-26T13:10:00","date_gmt":"2025-02-26T11:10:00","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-etf-sees-daily-outflow-exceeding-1-billion\/"},"modified":"2025-02-26T13:10:00","modified_gmt":"2025-02-26T11:10:00","slug":"bitcoin-etf-sees-daily-outflow-exceeding-1-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-etf-sees-daily-outflow-exceeding-1-billion\/","title":{"rendered":"Bitcoin ETF Sees Daily Outflow Exceeding $1 Billion"},"content":{"rendered":"<p>On February 25, as the price of the leading cryptocurrency hit <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-falls-to-new-yearly-lows-below-89000-2\">year-to-date lows<\/a>, outflows from spot Bitcoin ETFs <a href=\"https:\/\/www.sosovalue.com\/assets\/etf\/us-btc-spot\">surged to $1.01 billion<\/a>\u2014nearly double the previous day&#8217;s figure of <a href=\"https:\/\/www.sosovalue.com\/assets\/etf\/us-btc-spot\">$516.41 million<\/a>.<\/p>\n<p>This marked the largest outflow since the <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">approval<\/a> of BTC-ETFs in January 2024. For comparison, the second-largest outflow was $680 million on December 19.<\/p>\n<p>The cumulative inflow shrank to $38 billion, while the <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of these products fell to $101.44 billion.<\/p>\n<p>Trading volume for these products reached $7.74 billion.<\/p>\n<p>On February 25, the largest daily outflow was from Fidelity\u2019s FBTC at $344.7 million, followed by BlackRock\u2019s IBIT with $164.4 million and Valkyrie\u2019s BRRR with $100 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1447.webp\" alt=\"1-1447\" class=\"wp-image-252757\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>According to a <a href=\"https:\/\/u1f987.com\/en\/news\/report-institutional-demand-for-bitcoin-overstated\">study<\/a> by 10x Research, a significant portion of Bitcoin ETF volumes (56%) is linked to arbitrage, where traders profit from the difference between spot and futures prices.<\/p>\n<p>In the current environment, funding rates and basis spreads are too low to justify holding positions and opening new ones, noted Marcus Thielen, founder and head of research at the firm.<\/p>\n<p>Rachel Lucas of BTC Markets told <a href=\"https:\/\/www.theblock.co\/post\/343426\/us-spot-bitcoin-etfs-see-largest-yet-outflows-worth-1-billion\">The Block<\/a> that the outflow was due to profit-taking after Bitcoin&#8217;s strong growth in 2024 and weak performance this year. Investors are also concerned about the <span data-descr=\"Federal Reserve System\" class=\"old_tooltip\">Fed&#8217;s<\/span> policies and US-China trade relations, she added.<\/p>\n<p>Lucas believes that while ETF outflows could increase volatility, the long-term supply-demand balance remains strong, considering the emission reduction after the halving in April 2024.<\/p>\n<p>Withdrawals may have a short-term impact on price, but this does not necessarily lead to a prolonged downturn, as dynamics are driven by a combination of spot market purchases, network activity, derivatives positioning, and macro factors, the expert indicated.<\/p>\n<p>Previously, Binance CEO Richard Teng described the correction in digital gold prices as <a href=\"https:\/\/u1f987.com\/en\/news\/binance-ceo-describes-crypto-market-correction-as-a-tactical-retreat\">a &#8220;tactical retreat&#8221;<\/a>.<\/p>\n<p>Bitwise forecasts that net inflows into BTC-ETFs could <a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-projects-50-billion-inflows-into-spot-bitcoin-etfs-by-2025\">exceed $50 billion<\/a> by 2025.<\/p>\n<p>In February, former BitMEX CEO Arthur Hayes suggested Bitcoin could fall <a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-predicts-bitcoin-could-drop-to-70000-due-to-etf-outflows\">to $70,000<\/a> due to ETF outflows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 25, as the price of the leading cryptocurrency hit year-to-date lows, outflows from spot Bitcoin ETFs surged to $1.01 billion\u2014nearly double the previous day&#8217;s figure of $516.41 million. This marked the largest outflow since the approval of BTC-ETFs in January 2024. For comparison, the second-largest outflow was $680 million on December 19. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1145,1138],"class_list":["post-21529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=21529"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/21528"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=21529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=21529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=21529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}