February 23, 2025
Bitcoin ETFs Hit Hard With 1 Million Outflows on Valentine’s Day
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Bitcoin ETFs Hit Hard With $171 Million Outflows on Valentine’s Day #CriptoNews

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Valentine’s Day was not filled with love for the Bitcoin ETF market, as fresh data exposed some surprising numbers. On Feb. 14, exchange-traded funds reported a negative net flow of 1,765 BTC, which equates to about $171.06 million, according to Lookonchain.

Fidelity, one of the more prominent players in the market, saw 982 BTC leave its Bitcoin ETF, valued at about $95.21 million. While the company still holds a sizable 207,542 BTC – worth $20.11 billion – these outflows raise questions. Are these temporary blips or is something more substantial at play?

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This is the fourth day in a row in which, since Feb. 10, about $650.76 million have been out of Bitcoin Spot ETFs. As things stand, cumulative total net inflow still stands at $40.05 billion, and the total net assets are worth $112.49 billion in Bitcoin.

What the tendency is there is unknown. The market balances between good news like Coinbase’s report with $2.27 billion revenue and 179% quarter-to-quarter growth of fees – these all indicated the increase in the cryptocurrency market and the inflow of new capital.

On the other hand, we have suddenly high CPI and “tariff war.”

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Ethereum ETFs, too, have been feeling the pressure. A net outflow of 5,514 ETH, or around $14.89 million, was recorded, with Grayscale’s ETHE taking the biggest hit, losing 11,375 ETH. As it stands, Grayscale holds 1,304,767 ETH, valued at $3.52 billion.

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