{"id":15664,"date":"2025-03-01T17:17:00","date_gmt":"2025-03-01T17:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15664"},"modified":"2025-03-01T17:17:00","modified_gmt":"2025-03-01T17:17:00","slug":"bitcoin-etfs-finally-snap-eight-day-3-2b-outflow-streak-with-94-3m-inflows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15664","title":{"rendered":"Bitcoin ETFs Finally Snap Eight-Day $3.2B Outflow Streak With $94.3M Inflows"},"content":{"rendered":"
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Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw $94.3 million of total inflows on the last day of February as crypto’s worst month in three years<\/a> came to an end. <\/p>\n<\/p>\n

The figure capped an eight-day streak of outflow during which investors pulled over $3.2 billion from these funds as digital asset prices fell. <\/p>\n<\/p>\n

BlackRock\u2019s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets under management, was one of the outliers that saw $244.6 million in outflows on Friday. Meanwhile, other large ETFs, including Fidelity\u2019s FBTC, brought in $176 million from investors, while the ARK 21Shares Bitcoin ETF saw the largest inflows, bringing in $193.7 million, according to Farside Investors data<\/a>.<\/p>\n

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The inflows came as the cryptocurrency market started showing signs of recovery<\/a> after the price of bitcoin hit a $78,000 low in the early hours of Feb. 28. Bitcoin is now trading around $84,900 after rising 1.6% in the last 24 hours, while the broader CoinDesk 20 Index rose 0.3% to 2,705.<\/p>\n<\/p>\n

Over the past week, BTC is still down by roughly 12%, while the broader crypto market, as measured by the CoinDesk 20 Index, fell by 15.8%. Spot bitcoin ETFs had been enduring a significant outflow streak since Feb. 14, a day in which these funds saw $66.2 million inflows.\n<\/p>\n

Spot ether ETFs, on the other hand, have maintained an ongoing outflow streak on the last day of February, with $41.9 million leaving these funds. Since their last day with a positive net flow, $357.5 million exited these funds, according to data from Farside.<\/p>\n<\/p>\n

The recent market recovery comes as the White House announced that U.S. President Donald Trump will host a crypto summit <\/a>on March 7 and after the world\u2019s largest asset manager, BlackRock, added a 1% to 2% allocation<\/a> of its spot bitcoin ETF to one of its model portfolios.<\/p>\n<\/p>\n

Read more: BlackRock’s Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw $94.3 million of total inflows on the last day of February as crypto’s worst month in three years came to an end. The figure capped an eight-day streak of outflow during which investors pulled over $3.2 billion from these funds as digital asset prices fell. BlackRock\u2019s […]<\/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-15664","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\/15664","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=15664"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15664\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}