Not only the Bitcoin (BTC) course is shut today, the American Bitcoin spot stock market funds are also under heavy pressure. Yesterday the funds were lost more than half a billion dollars in what marks one of their worst days since the launch. And the fierce price falls predict little good for today’s result.
Almost every Bitcoin ETF turns red
The Elf Bitcoin Spot Exchange-Traded Funds (ETFs) lost a total of $ 516.4 million yesterday, according to data from Farside Investors. It is the second largest net outflow of 2025: on January 8, $ 568.8 million left the series of funds.
It is even one of the worst results since the launch last January. In the whole of 2024, only a larger loss was reported once, so it comes in third place.
No fewer than eight of the eleven funds recorded an outflow yesterday. Fidelity leads the list with a loss of $ 247 million. Then BlackRock follows $ 158.6 million in outflow.
The entire month of February is the doom and seepage for the Bitcoin funds. Of the total of fifteen trading days, no less than eleven turn in red. At the bottom of the line they are now at a loss of more than $ 1.4 billion. With four trading days to go, they are well on their way to their worst month so far.
BTC price has been falling to the lowest point since November
Yesterday, the Bitcoin Koers took the first steps in what we can now call a historic crash. Bitcoin fell from $ 96,000 to less than $ 93,000, but today it went really fast. Bitcoin has also fallen to a low point of $ 86,900, the lowest level since November 14.
The Bitcoin course has not been going so well for a while and that is mainly due to Donald Trump, which scatters with import duties and the gloomy prospect that the US central bank will keep interest on the current increased level for a long time.
Yesterday, Trump announced that the previously announced tariff increases for Mexico and Canada ” will continue according to schedule ”, after they were postponed earlier this month. Since then, the crypto races have been in free fall, and there are currently few signs on a recovery.
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Source: https://newsbit.nl/exodus-bij-bitcoin-etfs-meer-dan-een-half-miljard-dollar-verdwijnt/
