BREAKING
343d 22h ago

Bitcoin Spot ETF Faces $1.139 Billion Net Outflow as Grayscale Trusts Record Significant Withdrawals

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

According to recent data from SoSoValue, the total net outflow for the Bitcoin spot ETF reached a staggering $1.139 billion on February 25th (US Eastern Time). This decline highlights ongoing market volatility and investor apprehension in the crypto space. Additionally, the Grayscale ETF known as GBTC experienced a significant net outflow of $66.1434 million within the same timeframe, bringing its cumulative net outflow to a notable $22.232 billion.

Moreover, the Grayscale Bitcoin Mini Trust ETF recorded a daily net outflow of $85.7628 million, despite a historical total net inflow of $1.107 billion. As of the last reporting, the total net asset value (NAV) of the Bitcoin spot ETF stands at approximately $101.012 billion. This represents an ETF net asset ratio of 5.78%, with historical cumulative net inflows now exceeding $37.878 billion, emphasizing the ETF’s role in the larger Bitcoin market landscape.

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