Bitcoin’s six-day streak of negative ETF flows has culminated in a record single-day outflow of $938 million, reflecting a shifting sentiment among institutional investors. As BTC plunged below $87,000—its lowest since November—investors continue to retreat, raising concerns about the sustainability of the recent bull cycle.

Bitcoin ETFs See Historic Withdrawals

Data from Farside Investors indicates that nearly all U.S. spot Bitcoin ETFs recorded outflows on February 25, with Fidelity’s FBTC leading the exodus at $344.7 million—its largest single-day withdrawal since launch. BlackRock’s IBIT followed with $164.4 million in redemptions, while Bitwise’s BITB lost $88.3 million. Other major funds, including Grayscale’s GBTC and Franklin Templeton’s EZBC, also posted significant withdrawals, totaling tens of millions in capital flight.

Institutional Sentiment Weakens

February has been the worst-performing month for Bitcoin ETFs since their inception, with more than $3 billion in net outflows. While institutional demand played a key role in Bitcoin’s rally above $100K, recent data suggests that large investors are reassessing risk exposure amid macroeconomic uncertainty and shifting liquidity conditions.

Despite the sell-off, some view this as a temporary shakeout. Bitcoin’s historical cycles suggest that periods of aggressive selling often precede renewed accumulation. With BTC hovering near multi-month lows, long-term investors might see this as an opportunity rather than a warning sign.

⚠️ This is not financial advice. Always conduct your own research before making investment decisions.