Bitcoin ETFs Face $3 Billion Outflow Streak Amid Market Uncertainty

U.S. spot Bitcoin ETFs have experienced a seven-day outflow streak, totaling nearly $3 billion, according to data compiled by The Block on February 26. BlackRock's IBIT ETF saw a record $418.1 million net outflow on Wednesday, contributing to the week's $741.1 million loss, though it remains the largest Bitcoin ETF with over $40.2 billion in cumulative net inflows. Fidelity's FBTC and ARK Invest's ARKB also experienced significant outflows of $145.7 million and $60.5 million, respectively. The total outflow on Wednesday for all U.S. spot Bitcoin ETFs was $754.6 million, marking the second-highest daily outflow since their debut. This trend coincides with a 15% drop in Bitcoin's price this week, trading around 21% below its all-time high. Uncertainty surrounding President Trump's tariff plans is cited as a contributing factor to the outflow streak.