US Bitcoin Spot ETF Sees $64.1 Million Net Outflow Amidst Continued Market Volatility

According to recent insights from COINOTAG, the cryptocurrency market is exhibiting notable trends as of February 20. Data compiled from Farside Investors and Trader T indicates a substantial net outflow of $64.1 million from the US Bitcoin spot ETF. This marks the second consecutive day of net withdrawals, highlighting a potential shift in investor sentiment. Furthermore, BlackRock’s IBIT reported no net inflows or outflows during this period, although its trading volume stood at a significant $1.6 billion. These developments serve as critical indicators for market analysts and investors, reflecting underlying dynamics in Bitcoin ETF activity within the current financial landscape.