Demand for Bitcoin ETFs in the U.S. has sharply decreased, diverging from the typical February growth. Data shows consistent fund outflows.
Bitcoin ETFs See Mostly Outflows in February
Investors in the U.S. warmly embraced the 11 spot Bitcoin ETFs launched last January. However, this February has proven negative for these funds, with constant outflows. Stable investments were only noted on February 4, 5, 7, and 14. Amid political instability, investors' interest declined, leading to significant outflows, the largest recorded on February 20, with $364.8 million.
Ethereum Holding Steady
Ethereum-tracking funds show moderate results, losing momentum after early February investments. Recent growth shifted to outflows — $13.1 million on Thursday and $8.9 million on Friday. Nevertheless, the February trading result remains more positive than Bitcoin's.
Financial Outcomes and Outlooks
Since mid-February, Bitcoin ETFs have registered outflows totaling $1.1 billion, marking this month as one of the worst since these products began. Although Ethereum-related funds show more stable results, their overall inflows in the latter half of February have remained minimal.
February has been the worst month for Bitcoin ETFs since their launch. Despite temporary surges in interest, both Bitcoin and Ethereum continue to experience significant capital outflows, reflecting general market uncertainty.
