$1.82 billion USD withdrawn from Bitcoin and Ether ETFs as precious metals surge

TapChiBitcoin
BTC-1,35%

In the last 5 trading sessions, investors have withdrawn a total of approximately $1.82 billion from US-based Bitcoin and Ether spot ETF funds as market sentiment continues to worsen following a sharp rally in precious metals.

Specifically, from Monday to Friday, spot Bitcoin ETFs experienced net outflows of up to $1.49 billion, while Ether spot ETFs saw net withdrawals of $327.1 million, according to data from Farside. The capital outflows occurred alongside a weakening trend of the two largest cryptocurrencies in the market, despite recent short-term recovery signals. Over the past 7 days, Bitcoin has decreased by 6.55% to around $83,000, while Ether lost 8.99%, retreating to approximately $2,685, according to TradingView.

BTC/USDT chart 4-hour frame | Source: TradingView Previously, Bitcoin had surged about 7% over two days just before January 15, driven by rumors surrounding the US CLARITY Act. However, this enthusiasm quickly cooled down.

Notably, during this brief bullish period, Bitcoin ETF recorded its strongest capital inflow since early 2026 on January 14, with an influx of $840.6 million. This development occurred just before the Crypto Fear & Greed Index — a measure of overall market sentiment — soared to its highest level since the beginning of the year, reaching a “Greed” score of 61 points.

Pessimistic views on Bitcoin are “short-sighted,” according to ETF experts

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Vancouver City Staff Rejects Bitcoin Treasury Idea Ahead of March 10 Council Vote

Vancouver city staff have recommended that council halt work on a motion exploring a municipal bitcoin reserve, concluding the cryptocurrency is not an allowable investment under the Vancouver Charter. Vancouver Council to Decide Fate of Bitcoin Reserve Proposal A March 2, 2026, report from Vanco

Coinpedia1h ago
Comment
0/400
No comments