Bitcoin ETFs record record outflows: $2.99 billion in a week

05.02.2025

From February 18 to 26, investors withdrew $2.99 billion from spot bitcoin ETFs, including $754.5 million on the last reported day alone.Trading volume for these instruments declined from $7.74 billion to $5.79 billion, while total inflows dropped to $37.1 billion. Assets under management (AUM) fell to $95.16 billion.Since their launch in January 2024, ETF funds have recorded net outflows on only 21 trading days. According to updated data, February 25 saw a record outflow of $1.14 billion.On February 26, the largest contributor to the negative trend was BlackRock’s IBIT fund, with $418.1 million in withdrawals — a new all-time high (the previous record was $332.6 million on January 2).The day before, Franklin Templeton’s FBTC fund also recorded a record outflow of $344.65 million. On February 26, this figure dropped to $145.69 million.On February 27, Standard Chartered analysts predicted further outflows from bitcoin ETFs.According to research by 10x Research, the majority of volume in these funds (56%) is related to arbitrage — where traders profit from the difference between spot and futures prices. However, founder and head of research Markus Thielen noted that current funding rates and spreads are too low to maintain or open new positions.Rachel Lucas from BTC Markets believes that investors are taking profits after Bitcoin’s strong growth in 2024, while the 2025 outlook appears weaker. She also highlighted market concerns over Fed monetary policy and U.S. trade relations with other countries.Meanwhile, Bitwise expects that in 2025, net inflows into bitcoin ETFs will exceed $50 billion, which could shift the current trend.