Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?
- On Thursday, U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows, pushing cumulative weekly withdrawals to $869.8 million through five consecutive sessions.
- Wednesday's $74.6 million inflow from Fidelity's Wise Origin Bitcoin Fund briefly interrupted the negative trend after Bitcoin climbed above $80,000 following Democratic election victories.
- Fidelity's Wise Origin Bitcoin Fund led Thursday's withdrawals with $199.9 million, while BlackRock's iShares Bitcoin Trust recorded $105 million in outflows; together they represented approximately 70.9% of daily redemptions.
- Bitcoin fell below $76,000 while the Nasdaq Composite plunged 5.5%, marking its largest single-day decline since April 2025, according to Reuters.
- Year-to-Date net outflows for Bitcoin ETFs stood at around $510 million following Thursday's closing bell, according to Farside Investors tracking data.
44 Articles
44 Articles
Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?
A rare 4-sigma stock market rout dragged Bitcoin down while every spot ETF issuer watched cash walk out the door. One small bounce has traders split on whether the worst is over, and a single price line may settle it.
Bitcoin ETF inflows return as US crypto legislation faces delays
Bitcoin’s post-election recovery and renewed ETF inflows suggest institutional interest remains intact, even as analysts warn that a Democratic-controlled Congress could delay US cryptocurrency legislation. Ryan Kirkley, co-founder and CEO of Global Settlement Network, told crypto.news that the midterm results…
Bitcoin ETFs Gain $75M Despite BlackRock IBIT Outflows
US-listed spot Bitcoin and Ether exchange-traded funds (ETFs) snapped their outflow streaks on Wednesday as cryptocurrency markets rebounded following the US midterm elections. Bitcoin (BTC) ETFs attracted $74.6 million on Wednesday, while Ether (ETH) funds added $53 million, according to SoSoValue data. The turnaround ended three consecutive trading sessions of Bitcoin ETF outflows totaling $1.16 […]
Bitcoin operates in a slight fall on Tuesday (3), at $77,000, still without recovering the levels prior to the attack on Binance last week. In this session, however, the pressure comes mainly from the new fall in technology actions and the strong exits of ETFs in view of cryptocurrency in the United States. At around 10:30 a.m., bitcoin fell 0.6% in 24 hours, to $77.666.37, according to CoinGecko. In Brazil, it was negotiated R$425.543.22, pract…
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