Recent data from Farside Investors shows a net outflow of $226.2 million from US Bitcoin spot ETFs, revealing changing investor sentiment. BlackRock’s IBIT ETF was the exception, attracting $18.2 million in new investments.
Fidelity’s FBTC saw its second-largest single-day outflow at $106.4 million, while Grayscale’s GBTC reported $61.5 million in outflows. Overall, these ETFs have accumulated $15.30 billion in net inflows since January.
Bitcoin’s price dipped nearly 6.5% in the past week but saw a notable spike in buyer interest as it fell below $67,000. The number of whales holding over 1,000 BTC reached an all-time high, indicating strong institutional interest.
Bitcoin currently trades around $67,059 with a market cap of $1.3 trillion. The recent turbulence may suggest a promising long-term trajectory based on historical trends and whale accumulation.
