Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak Outflows underscore persistent institutional wariness toward bitcoin after the early October crash. By Omkar Godbole Feb 23, 2026, 4:42 a.m. Make us preferred on Google Bitcoin ETFs lose billions in five weeks. (zsoravecz/Pixabay) What to know : Investors have withdrawn nearly $3.8 billion from U.S.-listed spot bitcoin exchange-traded funds over the past five weeks, marking the longest outflow streak since February 2025. BlackRock's IBIT has led the retreat with about $2.13 billion in redemptions over the same period. Outflows underscore persistent institutional wariness toward bitcoin after the early October crash. Investors just pulled nearly $3.8 billion from U.S.-listed spot bitcoin BTC $ 64,811.39 exchange-traded funds over five straight weeks, the longest outflow streak since February 2025. Last week alone saw $316 million vanish, according to SoSoValue. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Leading the outflows trend is BlackRock's IBIT. The fund has lost $2.13 billion over five straight weeks of outflows. This shows institutions are still steering clear of the leading cryptocurrency, extending the aversion that kicked in after the early October crash, which exposed its vulnerability to shenanigans on offshore exchanges such as Binance. While the latest outflows trend matches the one from February last year in length, it's not as bad, with just $3.8 billion yanked versus $5 billion back then. That prior streak paved the way for a market swoon over the following weeks, with bitcoin falling as low as $75,000 in early April. Right now, bitcoin is already trading well below that level, changing hands just under $65,000 as of writing. Analysts have attributed the ongoing risk aversion to lingering U.S.-Iran tensions, President Donald Trump's fresh global tariff announcement, and technical price-chart factors." Bitcoin News ETFs More For You Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses By Sam Reynolds , AI Boost | Edited by Stephen Alpher 2 hours ago On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase. What to know : Bitcoin has plunged to $64,700 in early trading in the new week, down 5% over the past 24 hours. Losses realized by recent bitcoin buyers have eased from roughly $1.24 billion to $480 million per day, signaling that panic selling is cooling but that a bottom-building phase may still be underway. Exchange data shows large holders now dominate selling, altcoin deposits and volatility are rising, and stablecoin inflows have shrunk, all pointing to weaker buying power as bitcoin tests support around $65,000. Read full story Latest Crypto News Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses 2 hours ago How decentralized AI is leveling the playing field 10 hours ago To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing 12 hours ago Bitcoin see-saws around $68,000, DOGE, ETH slide as tariff uncertainty weighs on risk assets 12 hours ago XRP falls 4% as network sees biggest realized loss spike since 2022 13 hours ago ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle 13 hours ago Top Stories Mentioning 'bitcoin' or crypto on AI agent OpenClaw's Discord will get you banned 23 hours ago ‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed Feb 21, 2026 Small investors are buying bitcoin. For a rally to succeed, the whales need to join in. Feb 21, 2026 Blue Owl liquidity crisis has investors bracing for 2008-style fallout — it could mean bitcoin's next bull run Feb 21, 2026 Ethereum's Vitalik Buterin proposes AI 'stewards' to help reinvent DAO governance Feb 21, 2026 How AI is helping retail traders exploit prediction market 'glitches' to make easy money Feb 21, 2026 In this article BTC BTC $ 64,811.39 ◢ 4.66 %