Bitcoin ETFs Log Third Consecutive Day of Outflows
Total outflows: $494 million over three days.
Wednesday’s outflow: $251 million, the highest of the three-day period.
Biggest outflows:
Fidelity’s Wise Origin Bitcoin Fund (FBTC): $102 million.
BlackRock’s iShares Trust (IBIT): $22.1 million.
Low ETF Trading Volume Reflects Market Caution
Wednesday’s ETF trading volume: Just $2.58 billion, a drop from recent highs.
IBIT volume: Below $2 billion, ranking as the 10th most traded U.S. ETF (typically in the top 5 when BTC rallies).
Goldman Sachs' Bitcoin ETF filing signals weak demand for fresh long positions.
Bitcoin Price Stagnates at $96K
BTC remains rangebound between $90K and $109K, a trend in place since mid-November.
The lack of ETF inflows suggests hesitation among institutional investors despite the broader crypto market’s resilience.
What’s Next?
Market Uncertainty Weighs on BTC’s Momentum
Bitcoin’s stalled price action signals a wait-and-see approach from investors.
ETF volumes and net inflows will be key indicators for BTC’s next big move.
Potential Catalysts for a Breakout?
A return of strong ETF inflows.
Macroeconomic events, including Fed rate decisions.
Renewed institutional confidence in Bitcoin's long-term upside.
Bitcoin’s ETF-driven rally has lost steam, but investors remain watchful for the next momentum shift.
