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Bitcoin Spot ETFs See $360 Million Weekly Outflow – BlackRock and Fidelity Lead Exits

Despite significant withdrawals from IBIT and FBTC, Grayscale’s Bitcoin Mini Trust recorded inflows, with total sector assets now at $87.04 billion.

BTC

Summary

Bitcoin spot ETFs recorded a net outflow of $360 million for the trading week ending February 13. BlackRock’s IBIT led the withdrawals with $235 million, followed by Fidelity’s FBTC with $125 million in outflows. Conversely, Grayscale’s Bitcoin Mini Trust recorded a net inflow of $110 million. Total net assets for the Bitcoin ETF market currently stand at $87.04 billion.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the actual underlying asset—in this case, Bitcoin—rather than derivatives like futures.
  • Net Outflow: A market condition where the total capital withdrawn from a fund or asset class exceeds the new capital deposited over a specific period.
  • Assets Under Management (AUM): The total market value of the investments that a financial institution or fund manages on behalf of its clients.