- The consecutive four-week outflow from January 23 to February 20 is estimated to be around $2.48 billion
- A lot of Bitcoin ETF products posted no activity on February 20, and just IBIT and FBTC posted flows.
Bitcoin ETFs listed $88.04 million in net inflows yesterday, breaking a three-day outflow streak that swept $403.90 million. The leading ETF became BlackRock’s IBIT with $64.46 million, followed by Fidelity’s FBTC, which captivated $23.59 million.
The rest of the funds showed no flows. Bitcoin traded below the $70,000 mark, having very little 24-hour movement after going to a low of $66,452 in the session. The overall net assets attained $85.31 billion, while cumulative total net inflow sat at $54.01 billion
ETFs witnessed three consecutive days of redemptions, starting from February 17, after which it went for reversal on February 20. The biggest single-day withdrawal was recorded on February 19, being at $165.76 million
A day before, on February 18, it stood at $133.27 million of outflows, and on February 17, it was $104.87 million. The selling pressure slipped total net assets from $87.04 billion on February 13 to $85.31 billion on February 20
The One Which Showed No Movement
A lot of Bitcoin ETFs products posted no activity on February 20, and just IBIT and FBTC posted flows. The one which showed no movement included GBTC of Greyscale and mini BTC trust with BITB of Bitwise, Ark & 21Shares’ ARKB, VanEck’s HODL, Invesco’s BTCO, Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW and Hashdex’s DEFI
The cumulative net inflows of BlackRock’s IBIT remain at $61.30, and Fidelity’s FBTC has $10.96 billion in total inflows. The week that concluded on February 20 listed $315.86 million in net outflows. Last week’s outflow stood at $359.91, and a week prior saw $318.07 million in outflows
Late January listed the biggest weekly redemptions. The consecutive four-week outflow from January 23 to February 20 is estimated to be around $2.48 billion. Weekly trading volume attained $11.91 billion for the duration concluding February 20, down from $18.91 billion the last week
Highlighted Crypto News Today:
Uniswap CEO Warns of Scam Ads After $370M January Crypto Losses
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Price Signals Short Squeeze as Open Interest Nears $25B
Bitcoin is set for a potential short squeeze as on-chain indicators illuminate a crowded setup against a backdrop of rising open interest and persistently negative funding rates. After BTC briefly breached $73,000 last Friday, traders are watching how leveraged shorts might be forced to cover as fun
CryptoBreaking12m ago
American musician G.Love mistakenly downloaded a malicious Ledger app, losing 5.92 BTC, and the funds have already flowed into a certain CEX
Philadelphia musician G.Love had about 5.92 Bitcoins stolen due to mistakenly downloading a counterfeit app. On-chain investigator ZachXBT traced the flow of funds and questioned Apple’s App Store review process, saying it allows counterfeit apps to be listed, increasing user risk.
GateNews22m ago
Bitcoin long-term holdings increased to 12.4 million coins, and the 30-day change has remained positive.
CryptoQuant analyst Darkfost says the Bitcoin market is entering an early stabilization phase, with stronger long-term holding behavior. The amount of BTC held for more than a year has increased, and investors are more inclined to hold than to distribute. This suggests the market is transitioning toward long-term conviction; the current trend is viewed as an early stability signal, but it needs longer-term confirmation.
GateNews1h ago
Bitcoin Halving Two-Years Anniversary: Annual inflation rate drops to 0.85%, officially becoming a rarer asset than gold
The Bitcoin halving in April 2024 lowered its annual inflation rate to 0.85%, for the first time below gold’s 1.5–2%. Bitcoin’s scarcity comes from code rules: supply will gradually decrease, and another halving is expected again in 2028. This halving cycle witnessed increased participation from institutional investors, strengthening Bitcoin’s position as digital gold.
ChainNewsAbmedia1h ago
Bhutan Reduces Bitcoin Stash From 13000 BTC to Under 4000 in 18 Months
_Bhutan cuts Bitcoin holdings from 13,000 BTC to 3,954 BTC in 18 months, with $215.7M transferred out and mining inflows declining_
Bhutan has reduced its Bitcoin holdings over the past 18 months, based on new blockchain data.
Arkham data shows a steady decline in the country’s reserves since
LiveBTCNews2h ago
