Bitcoin ETFs Suffer Six Consecutive Weeks of Outflows
Bitcoin's support from big financial institutions has been put to the test as its price struggles to stay above $63,000. Spot Bitcoin ETFs, which were once seen as a driver of stability in the market, have become major sellers in recent weeks.
The trend of institutional investors pulling out of these funds is evident in the data from Farside Investors, showing that on February 23rd alone, investors pulled out $203.8 million from these funds. This selling pressure is a sharp break from what was seen over the last two years, during which U.S. spot Bitcoin ETFs launched and helped drive one of the strongest bull runs in crypto history.
However, with Bitcoin's price now trading at almost 50% below its October 2025 peak of $126,000, the mood has shifted. The current wave of selling is driven by losses for many ETF investors, who are sitting on an average loss of around 20%. This trend is expected to continue unless the selling pressure slows down or stops.