Bitcoin ETF Outflows Hit $870 Million: Second-Largest Withdrawal on Record

According to SoSoValue , the Grayscale Bitcoin Mini Trust experienced the highest withdrawals, with $318.2 million withdrawn from the fund. BlackRock's IBIT, usually a good performer, experienced an outflow of $256.6 million. The FBTC of Fidelity reported redemptions totaling $119.9 million. U.S. spot bitcoin exchange-traded funds recorded $869.9 million in net outflows on Thursday, representing the second-largest withdrawal since these investment vehicles launched. The mass exodus reflects growing caution among investors as the price of bitcoin declined sharply. Other outflows originated from Grayscale's GBTC and funds managed by Ark, 21Shares, Bitwise, VanEck, Invesco, Valkyrie, and Franklin Templeton. All significant bitcoin ETF providers recorded net withdrawals throughout the session. The largest outflows were recorded on a single day, February 25, 2025, when the funds experienced an exit of $1.14 billion. The numbers on Thursday represent a major change in investor sentiment toward cryptocurrency exposure. Institutions Pull Back Amid Economic Uncertainty According...

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