U.S. Bitcoin ETFs Shed $410 Million As BTC Remains Stuck Below $70,000 ⋆ ZyCrypto
The post U.S. Bitcoin ETFs Shed $410 Million As BTC Remains Stuck Below $70,000 ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  U.S.-listed spot Bitcoin exchange-traded funds (ETFs) notched their second consecutive session of outflows on Thursday, as the leading cryptocurrency erased its bounce from last week’s crypto crash, momentarily returning to the $65,000 area. The 11 Bitcoin funds recorded $410.4 million in outflows amid heightened macro jitters, extending the two-day losses to $686 million, according to SoSoValue data. The exodus was led by BlackRock’s IBIT, which saw $158 million in redemptions. Fidelity’s FBTC logged outflows totaling $104.13 million, while investment products from Grayscale and Bitwise together saw approximately $65 million in redemptions. Despite the near-term selling pressure, the broader institutional presence of these products remains significant. Since launching two years ago, U.S. spot Bitcoin ETFs have attracted total net inflows of $54.31 billion. According to SoSoValue, the funds now hold combined net assets equivalent to 6.3% of Bitcoin’s overall market capitalization. Bitcoin’s Real Test Ahead: Analyst Points To Possible $50K Bottom After briefly dipping to $65,243 earlier, Bitcoin was trading for $66,985 at publication time, reflecting a 1.6% decline over the past 24 hours, according to CoinGecko. Advertisement
  On Thursday, the widely monitored Crypto Fear & Greed Index published by Alternative fell to a reading of 5, signaling extreme fear among market participants — a level deeper than those recorded during the major market downturns of 2022 and the 2020 pandemic-driven crash. Adding to market concerns, longtime crypto bull Geoff Kendrick of Standard Chartered sharply reduced his 2026 price targets for Bitcoin, Ether, Solana, BNB, and Avalanche, while cautioning that Bitcoin could decline to as low as $50,000. “We expect further price capitulation over the next few months,” Kendrick wrote in a Thursday report. “Once those lows are reached, we expect a price recovery for the remainder of the year,” he added, projecting year-end prices…
Filed under: News - @ February 13, 2026 7:27 pm