13.02.2025 04:35

US Bitcoin spot ETFs have experienced a substantial capital exodus, totaling $251 million, according to a February 13th report from COINOTAG News. This significant outflow has sparked considerable interest and analysis among market participants.

Data provided by Farside Investors sheds light on the key players in this capital flight. Fidelity's FBTC led the retreat, witnessing a staggering $102 million outflow. BlackRock's IBIT and Cathie Wood's ARKB also saw significant reductions, recording net outflows of $22.04 million and $97 million, respectively. Furthermore, BITB and BRRR contributed to the overall trend with outflows of $25.90 million and $3.70 million.

Interestingly, while Grayscale's GBTC experienced a modest net outflow of $6.90 million, its Bitcoin Trust reported a contrasting inflow of $16.30 million. This divergence highlights the complex and often contradictory sentiment currently prevailing within the cryptocurrency investment landscape. The considerable movement of funds from various Bitcoin ETFs paints a picture of dynamic and perhaps wavering investor confidence in the leading cryptocurrency. This data underscores the volatile nature of the crypto market and suggests a period of uncertainty among investors.