Spot Bitcoin ETF had a net outflow of $3.546 billion in February, and IBIT had its first monthly net outflow
According to Trader T statistics, the net outflow of the US spot Bitcoin ETF in February was $3.546 billion, equivalent to about 40,000 BTC, marking the first time in history that all ETFs have experienced a net outflow. IBIT reduced its holdings by 9,740 BTC, currently holding 573,136 BTC, with a net outflow of $721 million, the first monthly net outflow since its listing. FBTC had a net outflow of $1.202 billion, while Grayscale had a net outflow of $585 million (with GBTC having a net outflow of $404 million and Mini BTC having a net outflow of $181 million).
The price of Bitcoin fell by 18% in February, dropping from $102,400 to $84,300.
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