{"id":15103,"date":"2025-02-26T13:16:38","date_gmt":"2025-02-26T13:16:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15103"},"modified":"2025-02-26T13:16:38","modified_gmt":"2025-02-26T13:16:38","slug":"bitcoin-languishes-below-88000-as-spot-etfs-see-1-billion-outflows-on-tuesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15103","title":{"rendered":"Bitcoin Languishes Below $88,000 As Spot ETFs See $1 Billion Outflows On Tuesday"},"content":{"rendered":"<div>\n<p>As <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) continues to trade below the $88,000 mark, <a href=\"https:\/\/www.benzinga.com\/money\/best-spot-bitcoin-etfs\">U.S. spot bitcoin ETFs<\/a> experienced record outflows of $1 billion on Tuesday, marking the largest daily net outflows since their inception.<\/p>\n<p><strong>What Happened: <\/strong>According to data <a href=\"https:\/\/www.theblock.co\/post\/343426\/us-spot-bitcoin-etfs-see-largest-yet-outflows-worth-1-billion?utm_source=rss&amp;utm_medium=rss\">cited<\/a> by The Block, 10 out of 12 spot bitcoin funds reported net outflows, with<strong> Fidelity<\/strong>\u2018s (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/FBTC#BATS\">FBTC<\/a>) leading the pack at $344.65 million, followed by <strong>BlackRock\u2019<\/strong>s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) with $164.3 million. <\/p>\n<p>This surge in outflows coincided with bitcoin\u2019s price dropping to its lowest point this year. At the time of writing, Bitcoin is trading around $87,700, down 1.9% over the past 24 hours.<\/p>\n<p>Other major cryptocurrencies like <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>), <strong>XRP<\/strong> (CRYPTO: &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43971058\/bitcoin-languishes-below-88000-as-spot-etfs-see-1-billion-outflows-on-tuesday\" alt=\"Bitcoin\" languishes below as spot etfs see billion outflows on tuesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin (CRYPTO: BTC) continues to trade below the $88,000 mark, U.S. spot bitcoin ETFs experienced record outflows of $1 billion on Tuesday, marking the largest daily net outflows since their inception. What Happened: According to data cited by The Block, 10 out of 12 spot bitcoin funds reported net outflows, with Fidelity\u2018s (BATS:FBTC) leading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15103","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15103"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15103\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}