Crypto Feed News

📉 #Bitcoin ETFs See $585M in Outflows – First Drop in 6 Weeks!

U.S. spot Bitcoin #ETFs recorded $585.65M in net outflows last week, marking a sharp reversal after a $5B inflow streak. The biggest losses came midweek, but Fidelity’s FBTC and BlackRock’s IBIT saw late inflows.

🔹 Top ETF Inflows:

✅ Fidelity FBTC: +$94.04M

✅ BlackRock IBIT: +$22.26M

✅ Bitwise BITB: +$7.99M

🔻 Biggest Outflows:

❌ Grayscale GBTC: -$46.95M (Total outflows: $22B)

❌ ARKB & VanEck’s HODL also posted losses

📊 Bitcoin Price Outlook:

📈 Above $97K → Bullish rally

📉 Below $94.1K → Further drop

📢 Institutional interest is still growing! According to Bitwise, the number of institutional holders of #BitcoinETF s has surged 54.5x in the last 11 months. #BTC Price Analysis#