Blackrock IBIT leads $133M Bitcoin ETF exodus

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Blackrock IBIT leads $133M Bitcoin ETF exodus
Blackrock IBIT leads $133M Bitcoin ETF exodus
Liezl Gambe
Written by Liezl Gambe
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US-listed spot Bitcoin ETFs saw $133.3 million in net outflows on Wednesday, pushing weekly losses to $238 million as Bitcoin briefly fell below $66,000 amid persistent negative sentiment.

BlackRock’s BlackRock iShares Bitcoin Trust led the withdrawals with more than $84 million exiting the fund, while total trading volumes stayed muted below $3 billion.

If outflows persist through the end of the week, the current stretch would mark the first five-week losing streak for US spot Bitcoin ETFs since March 2025, underscoring sustained investor caution.

Year-to-date, Bitcoin ETFs have recorded roughly $2.5 billion in outflows, leaving total assets under management at $83.6 billion as broader crypto markets remain under pressure.

While Ether and XRP ETFs posted modest daily outflows of $41.8 million and $2.2 million respectively, Solana funds extended a six-day inflow streak, lifting their year-to-date gains to about $113 million despite softer trading activity compared with late 2025.

The Crypto Fear & Greed Index continues to signal “Extreme Fear” even as Bitcoin has rebounded from multi-month lows near $60,000 earlier in February, with the token trading at $67,058 on Coinbase and down about 24% so far this year.

“The arrows in the chart illustrate this clearly: each prior extreme negative reading was followed by violent recoveries to new highs,”

Said CryptoQuant analyst, Ignacio Moreno De Vicente.

At the time of reporting, Bitcoin price was $66,880.19.

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