Bitcoin ETFs see $133M outflows as sentiment stays in ‘extreme fear’

US-listed spot Bitcoin exchange-traded funds (ETFs) continued to bleed connected Wednesday arsenic marketplace sentiment remained antagonistic and BTC concisely dipped beneath $66,000.

Spot Bitcoin ETFs recorded $133.3 cardinal successful nett outflows connected Wednesday, bringing play losses to $238 million, according to SoSoValue data. BlackRock’s iShares Bitcoin Trust (IBIT) led outflows, with implicit $84 cardinal exiting the fund.

Trading volumes remained subdued, falling beneath $3 billion, highlighting the persistent deficiency of enactment adjacent arsenic analysts antecedently noted imaginable inflection points amid the slowdown successful outflows.

Weekly flows successful US spot Bitcoin ETFs successful 2026. Source: SoSoValue

If the ETFs neglect to retrieve successful Thursday and Friday sessions, this week could people the archetypal five-week outflow streak for Bitcoin (BTC) ETFs since March of past year.

Year-to-date, Bitcoin ETFs person seen astir $2.5 cardinal successful outflows, leaving assets nether absorption astatine $83.6 billion.

Solana ETFs support bucking the inclination aft motorboat successful precocious 2025

While Ether (ETH) and XRP (XRP) ETFs posted humble regular outflows of $41.8 million and $2.2 million, respectively, Solana (SOL) funds continued to subordinate the trend.

Solana ETFs person recorded a six-day streak of inflows, with year-to-date gains totaling astir $113 million. Trading activity, however, remains subdued compared with past months, arsenic February inflows of $9 cardinal truthful acold are good beneath $105 cardinal successful January and December 2025’s $148 million.

Weekly flows successful US spot Solana ETFs successful 2026. Source: SoSoValue

Since their October 2025 launch, US spot Solana ETFs person accumulated astir $700 cardinal successful assets nether management, trailing XRP funds, which person amassed $1 cardinal since their November debut.

Crypto marketplace remains successful utmost fear, BTC down 24% year-to-date

The ongoing sell-off successful Bitcoin ETFs comes arsenic the Crypto Fear & Greed Index continues to awesome persistent antagonistic sentiment.

Even though Bitcoin has somewhat recovered from multi-month lows adjacent $60,000 logged successful aboriginal February, the scale has mostly remained successful “Extreme Fear” territory.

The Crypto Fear & Greed Index. Source: Alternative.me

At the clip of writing, Bitcoin traded astatine $67,058 connected Coinbase, down astir 24% year-to-date. Analysts astatine large fiscal institutions, including Standard Chartered, person predicted that BTC could autumn arsenic debased arsenic $50,000 earlier perchance recovering to $100,000 aboriginal successful 2026.

Related: Bitwise, GraniteShares articulation contention for prediction market-style ETFs

According to the crypto analytics level CryptoQuant, Bitcoin’s short-term Sharpe ratio has reached levels historically associated with “generational buying zones.”

“The arrows successful the illustration exemplify this clearly: each anterior utmost antagonistic speechmaking was followed by convulsive recoveries to caller highs,” CryptoQuant expert Ignacio Moreno De Vicente said.

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