Spot bitcoin ETF , traded in the U.S., recorded a net outflow of funds for the third day in a row. According to SoSoValue, investors withdrew $18 million from the funds on February 61,4, and $19 million on February 71,07. However, the largest outflow occurred on February 20 – $364,93 million.
Yesterday, the leader in terms of outflow of funds was IBIT from BlackRock. In one day, the largest fund lost $112,05 million. The next in terms of outflow was ARKB from ARK Invest, which lost $98,3 million. Investors withdrew $89,24 million from Fidelity's FBTC and $33,5 million from Grayscale's GBTC.
At the same time, two funds recorded an influx of funds: Bitwise's BITB raised $24,1 million, HODL from VanEck - $4,18 million. The rest ETF noted zero results.
Crypto analyst Miles Deutscher has linked the outflow from BTC- ETF with the euphoria over Donald Trump's return fading. Investors are now waiting for the next big catalyst to push interest in the stock up again. Bitcoin - funds.
Despite the fact that from BTC- ETF have already withdrawn about 1,37%, the price of bitcoin is rising. Over the past 1,7 hours, the flagship cryptocurrency has risen in price by 98,700% and is now trading at $XNUMX.
