Bitcoin ETFs See $318 Million Weekly Outflow in Early February

Bitcoin ETFs See $318 Million Weekly Outflow in Early February

Spot Bitcoin ETFs posted net outflows led by Grayscale and Fidelity, as total assets remained at about 6.39% of Bitcoin’s market cap.

BTC

Fact Check
The assessment is 'likely_true' with high confidence due to strong, consistent evidence from multiple relevant and authoritative sources. Several sources directly corroborate the specific figure of $330 million. A news report on a crypto exchange platform specifies that Bitcoin ETFs drew about $331 million on a particular day, which is a negligible and common rounding difference, strongly supporting the claim. Another crypto news outlet also explicitly states that Bitcoin ETFs witnessed a $330 million inflow. Furthermore, a price analysis on the reputable site CoinMarketCap uses the $330 million inflow figure as part of its market context analysis.The existence of primary data aggregators like Farside Investors and btcetffundflow.com confirms that this type of granular, daily flow data is meticulously tracked and publicly available, lending credibility to the specific figures being reported by secondary sources.There are no direct contradictions in the evidence provided. Sources mentioning a different inflow figure of $562 million refer to a separate time period and therefore do not invalidate the claim about a $330 million inflow on another day; rather, they illustrate the variable nature of daily ETF flows. The evidence is consistent, directly supportive, and originates from credible outlets specializing in this financial data.
Summary

Between February 2 and 6, 2025, spot Bitcoin ETFs recorded $318 million in net outflows, according to SoSoValue. Grayscale’s GBTC led with $174 million withdrawn, followed by Fidelity’s FBTC with $167 million in outflows. Bitwise’s BITB was the top gainer, attracting $86.1656 million in inflows. Combined assets under management across all spot Bitcoin ETFs stood at $89.43 billion, representing 6.39% of Bitcoin’s total market capitalization, with cumulative net inflows remaining at $54.69 billion.

Terms & Concepts
  • Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin, allowing investors to gain exposure without directly owning the cryptocurrency.
  • Assets Under Management (AUM): The total market value of assets that an investment fund or financial institution manages on behalf of clients.