BREAKING
348d 5h ago

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

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

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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