BREAKING
361d 10h ago

Bitcoin Faces $251 Million Net Outflow: Insights from Recent US Spot ETF Data

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reported on February 13th that a significant **net outflow** of capital from US Bitcoin spot **ETFs** has emerged, totaling **$251 million**. This considerable movement has raised eyebrows among **investors** and industry analysts alike. The data from **Farside Investors** highlights specific contributors to this outflow, with **Fidelity’s FBTC** leading the pack at **$102 million**. Notably, **BlackRock’s IBIT** witnessed a net reduction of **$22.04 million**, while **ARKB** faced a decline of **$97 million**. Additional ETFs such as **BITB** and **BRRR** also recorded notable outflows of **$25.90 million** and **$3.70 million**, respectively. Conversely, **Grayscale’s GBTC** faced a slight **net outflow** of **$6.90 million**, although it reported a **net inflow** of **$16.30 million** for its **Bitcoin Trust**. These dynamics underscore the fluctuating **investor sentiment** in the crypto landscape.

Share News:
Don't Miss Breaking News