Bitcoin exchange-traded funds (ETFs) recorded a significant net outflow of $60.63 million, reflecting ongoing market volatility. In contrast, Ether ETFs saw a modest net inflow of $4.60 million, highlighting a divergence in investor sentiment.
Bitwise's BITB led the Bitcoin ETF outflows, with investors pulling out $112.65 million, followed by Fidelity’s FBTC, which lost $16.42 million. However, BlackRock’s IBIT offered some relief, attracting $68.44 million in inflows. Other Bitcoin ETFs remained neutral with no significant movements.
On the Ether ETF side, Fidelity’s FETH was the sole contributor to net inflows, adding $4.60 million, while other Ether funds saw no major shifts.
The bearish trend in the crypto market is evident in ETF trading patterns, with Bitcoin ETFs experiencing net outflows on 7 of 11 trading days in February. So far, Bitcoin ETFs have recorded total inflows of $644.58 million this month, while outflows have reached $1.09 billion, signaling investor caution.
As market uncertainty persists, ETF flows continue to reflect investor hesitation, with Bitcoin struggling to maintain momentum while Ether ETFs show limited but positive traction.
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