Bitcoin ETFS continues to face outflows like BTC swollen below $ 80,000

Spot Bitcoin Memement-Trade Fanve in United Kingdom Fight 27. February, because Bitcoin fell under $ 80,000, driving a sense of risk over a wider crypto market.

Toward data From Sosovalia, 12. Bitcoin ETFS recorded 275.83 million dollars net outflows, extending their negative flow of flow to eight consecutive days, during which over 3.2 billion dollars have come out resources.

During this period, Blackrock’s Ibit experienced their highest day outflow 26. February, with $ 418.06 million Net Redeeming. It was only a day after 12 ETFs collectively recorded its most one-day net outflows, and investors are withdrawing 1.14 billion dollars.

Meanwhile, most outflows 27. February came from black IBIT, which lost $ 189.02 million, followed by BTCV Vistutree, which viewed $ 53.78 million outflows.

The bitbu would accelerate the trend with $ 17.65 million, which made the only ETF to see every inflow in the last three days. Other ETFs that have seen negative flows are as follows:

• Valkirie’s BRR: $ 12.82 million
• Vaneck’s Hodl: $ 10.58 million
• GBTC GBTC: 7.26 million dollars
• FBTC Fidelity: $ 7.25 million
• Franklin Templeton’s EZBC: $ 7.23 million
• Graiscale’s Mini Bitcoin Trust: $ 5.54 million

The remaining three BTC ETFs remained neutral on the day.

The daily volume of trading for Spot Bitcoin ETFS stood at 3.01 billion dollars in the time of pressure. Of their launch, these ETFS accumulated a net inflow in the total amount of 36.58 billion dollars.

Nine ETF Etfe was not better, with $ 71.08 million In net outflows 27. February, continuing a negative momentum for the sixth day.

Blackrock’s Etta recorded $ 26.06 million outflows, followed by Feth Feth and Greiskale Eth, with $ 25.45 million and $ 19.57 million, respectively.

Excellences and Bitcoin and Etherum ETFs came as a bitcoin (Btc) It fell under $ 80,000 on Tuesday, marking the first time at that level for three months. There was a DIP as a broader cryptic market faced with a sale in the middle of growing volatility of the global market.

The leading cryptocurrency fell only 79,561 USD during early Asian trading, a sharp decline in its all times of over $ 109,000 was only recorded last month.

Bitcoin was on a mass rally after the election victory of Donald Trump in November. Its pro-cripto apartment, including promises to facilitate regulations and make the American global crypto hub, encouraged optimism in the market.

However that excitement recently faded as Trump politics – such as Imposing tariffs on trade partners– fears of potential global trade warfare. His tax decrease plans and tight immigration rules also caused concern for inflation, which led to speculation to keep the federal reserves to maximal rates. At the same time, economic data suggests that the American economy is slowing down, adding insecurity in the market.