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US spot Bitcoin exchange-traded funds (ETFs) saw heightened selling connected Thursday, with outflows accelerating the aforesaid time Standard Chartered lowered its 2026 Bitcoin forecast.
Spot Bitcoin (BTC) ETFs recorded $410.4 cardinal successful outflows, extending play losses to $375.1 million, according to SoSoValue data.
Unless Friday brings important inflows, the funds are connected way for a 4th consecutive week of losses, with assets nether absorption (AUM) nearing $80 cardinal — down from a highest of astir $170 cardinal successful October 2025.
Daily flows successful US spot Bitcoin ETFs since Monday. Source: SoSoValueThe selling coincided with Standard Chartered lowering its 2026 Bitcoin people from $150,000 to $100,000, informing that prices could autumn to $50,000 earlier recovering.
“We expect further terms capitulation implicit the adjacent fewer months,” the slope said successful a Thursday study shared with Cointelegraph, forecasting Bitcoin to driblet to $50,000 and Ether (ETH) to $1,400.
“Once those lows are reached, we expect a terms betterment for the remainder of the year,” Standard Chartered added, projecting year-end prices for BTC and ETH astatine $100,000 and $4,000, respectively.
Solana ETFs the lone winners amid dense crypto ETF outflows
Negative sentiment persisted crossed each 11 Bitcoin ETF products, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) and the Fidelity Wise Origin Bitcoin Fund suffering the largest outflows of $157.6 cardinal and $104.1 million, respectively, according to Farside.
Ether ETFs faced akin pressure, with $113.1 cardinal successful outflows dragging play flows to $171.4 cardinal — marking a imaginable 4th consecutive week of losses.
XRP (XRP) ETFs saw their archetypal outflows of $6.4 cardinal since Feb. 3, portion Solana (SOL) ETFs bucked the trend, recording insignificant $2.7 cardinal successful inflows.
Extreme carnivore signifier not yet present arsenic analysts expect $55,000 bottom
Standard Chartered’s latest Bitcoin forecast follows erstwhile expert forecasts that Bitcoin could dip beneath $60,000 earlier investigating a recovery.
Crypto analytics level CryptoQuant reiterated that realized terms enactment remains astatine astir $55,000 and has not yet been tested.
“Bitcoin’s eventual carnivore marketplace bottommost is astir $55,000 today,” CryptoQuant said successful a play update shared with Cointelegraph.
Bitcoin’s realized terms chart. Source: CryptoQuant“Market rhythm indicators stay successful the carnivore phase, not utmost carnivore phase,” CryptoQuant noted, adding: “Our Bull-Bear Market Cycle Indicator has not entered the Extreme Bear authorities that historically marks the commencement of bottoming processes, which typically persist for respective months.”
Related: Bernstein calls Bitcoin sell-off ‘weakest carnivore case’ connected record, keeps $150K 2026 target
Bitcoin hovered astir $66,000 connected Thursday, concisely dipping to $65,250, according to CoinGecko data.
Despite ongoing selling pressure, semipermanent holder (LTH) behaviour does not bespeak capitulation, with holders presently selling astir breakeven. “Historical carnivore marketplace bottoms formed erstwhile LTHs endured 30–40% losses, indicating further downside whitethorn beryllium required for a afloat reset,” CryptoQuant added.
Magazine: Bitcoin trouble plunges, Buterin sells disconnected Ethereum: Hodler’s Digest, Feb. 1 – 7
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