Close Menu
    Trending
    • US Marshals Report Holding 28,988 BTC, Challenging Third-Party Crypto Estimates
    • Saylor Signals Bitcoin Buy as Strategy’s Stash Tops $71B
    • Dogecoin Whale Bets $21 Million After $2.14 Million Profit. What’s Going On?
    • Bitcoin and the Next Wave of Institutional Capital
    • BTC Unlikely to Revisit ATH Before Testing $111K Support
    • What explains the CoinDesk 20 Index’s consistent upward trajectory in July?
    • Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst
    • Bitcoin Re-Enters Profit Zone as Greed Rises, But Rally To $200,000 Still Possible
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Cryptocurrency»Bitcoin ETFs See 9 Red Days Out of 11 – Is the Euphoria Over?
    Cryptocurrency

    Bitcoin ETFs See 9 Red Days Out of 11 – Is the Euphoria Over?

    Team_SimonCryptoBy Team_SimonCryptoFebruary 23, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The demand for bitcoin on US soil has seemingly disappeared, a minimum of when it comes all the way down to purchases by domestically primarily based exchange-traded funds.

    In reality, information from FarSide exhibits that February has been a very unfavourable month for BTC ETFs, with withdrawals dominating most days.

    BTC ETFs See Principally Outflows

    The launch of the 11 spot Bitcoin ETFs within the States final January was obtained with open arms by buyers as they rushed to switch their funds out of the transformed Grayscale Belief into different funds. Some even poured recent capital into BlackRock’s IBIT, Constancy’s FBTC, and others.

    The summer time was torpid, with not numerous motion to report. The panorama really modified after the US election because the promise for a friendlier regulatory atmosphere turned the tables round, and buyers had been quick to insert fresh funds into the ETFs.

    Nonetheless, that mania appears to have disappeared. Whether or not it’s President Trump’s controversial habits on matters starting from tariffs to the war in Ukraine, buyers have turn into considerably much less bullish on BTC, which is clear from the inflows into the ETFs.

    February, usually considered a extremely constructive month when it comes to bitcoin’s worth efficiency, has seen solely a handful of days with internet inflows. In reality, there are solely 4 such days this month: February 4, 5, 7, and 14.

    The previous few weeks have been notably painful for the monetary automobiles monitoring BTC’s efficiency. Simply two out of the final 11 buying and selling days had been within the inexperienced, whereas withdrawals had been recorded on all others. February 20 noticed the largest chunk of internet outflows, with $364.8 million leaving the funds. Even IBIT, the world’s largest BTC ETF, registered $112 million in withdrawals.

    Since February 6, Bitcoin ETFs have marked $1.1 billion in internet outflows, making February 2025 the worst month on this regard for the reason that merchandise’ inception over a yr in the past.

    And ETH?

    Whereas not as unhealthy as bitcoin’s state of affairs, ETH additionally ended final week on the improper foot. After 4 consecutive days of internet inflows, the merchandise monitoring the second-largest cryptocurrency registered withdrawals value $13.1 million on Thursday and $8.9 million on Friday.

    Their current efficiency has been extra promising than that of BTC. February goes nicely for the Ethereum ETFs, with solely 4 days within the purple for now.

    Nonetheless, enthusiasm faded after February 4, when buyers poured $307.8 million into the ETH ETFs. Since then, the monetary merchandise have seen solely low double-digit inflows.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    US Marshals Report Holding 28,988 BTC, Challenging Third-Party Crypto Estimates

    July 20, 2025

    BTC Unlikely to Revisit ATH Before Testing $111K Support

    July 20, 2025

    How Have Spot Ethereum ETFs Performed?

    July 20, 2025

    Bitcoin Forms Golden Cross Again — How High Can BTC Climb?

    July 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    Trump Plans $500 Billion Investment in AI Initiative Stargate

    January 22, 2025

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    ‘Let the Santa Rally Begin’: Top Trader Predicts Massive Rally to New All-Time for Dogecoin – Here’s His Target

    December 3, 2024

    Ethereum.org Translation Program: Milestones and Updates

    December 31, 2024

    Vitalik proposes ‘Lean Ethereum’ to achieve quantum security, simpler validator operations

    June 12, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.