Bitcoin ETFs Draw $258M as Institutions Shed 25,000 BTC
U.S. spot Bitcoin exchange-traded funds (ETFs) saw significant inflows on Tuesday, totaling $257.7 million. This marked the largest single-day total since early February and more than offset Monday's $203.8 million in outflows.
The rebound came as Bitcoin recovered modestly to around $65,000 following a sustained period of selling pressure. The broader market context remained cautious, with analysts estimating that approximately 9 million Bitcoin, or 45% of the circulating supply, are currently held at a loss by their owners.
Fidelity's Fidelity Wise Origin Bitcoin Fund (FBTC) led the day's inflows with nearly $83 million, followed by BlackRock's iShares Bitcoin Trust ETF (IBIT) with $79 million. The gains broke a prolonged stretch of redemptions, following five consecutive weeks of net outflows totaling $3.8 billion.
Total assets under management across U.S. spot Bitcoin ETF products have fallen 30.5% since the start of 2026, dropping from approximately $117 billion to $81.3 billion. Cumulative net flows remain above $54 billion, down from a peak above $62 billion reached in October 2025.
Bloomberg ETF analyst James Seyffart reported that institutional investors sold a combined 25,000 Bitcoin during the fourth quarter of 2025, representing roughly $1.6 billion in value at current prices. Despite this, institutions still hold approximately 311,700 Bitcoin in aggregate.