Breaking the record of $672 million on December 19, the trading session on February 25 (US time) marked the day when the Bitcoin spot ETF had the largest outflow in history with $1 billion.
Bitcoin spot ETF records the largest single-day outflow in history, reaching $1 billion
The frenzy caused by the deep Bitcoin dump to as low as $86,000 on February 25 continued to sweep the US market, as investors panicked and sold off Bitcoin spot ETFs.
According to the latest data from SoSoValue, 11 Bitcoin ETFs witnessed an outflow of up to $1 billion yesterday, not including the figures for ARKB. This was also the session with the highest outflow in history since the SEC approved the Bitcoin spot ETF in January 2024.
Statistics on inflow/outflow of Bitcoin ETFs. Source: SoSoValue (26/10/2025)
On this historic trading day, Fidelity's FBTC and BlackRock's IBIT led the selling flow with $344.7 million and $164.4 million, respectively, while other funds recorded less than $100 million.
This figure is so high that it far exceeds the second-highest record of $672 million outflow, recorded on December 19, 2024. At that time, BTC plummeted from the ATH above $108,000 to as low as $96,000, along with over $1 billion in liquidation value.
In addition to the strong price dump, a reason why investors are no longer enthusiastic about Bitcoin spot ETFs may be the decline in the premium of Bitcoin futures contracts on CME.
Typically, investors will use the strategy of buying spot ETFs and selling futures ETFs on CME to benefit from the spread, usually around 10%.
But according to Velo Data, this premium fee has dropped to only 4%, the lowest in two years and a significant decrease from the 15% level in December. Thus, without the price differential incentive, investors are also less willing to buy more Bitcoin spot ETFs.
The most recent trading session also marked a consecutive 6-day red streak, with a total outflow of up to $2 billion.
The Ethereum spot ETF has only had a 4-day outflow streak, with the most recent session seeing an outflow of $50 million. Unlike the Bitcoin ETF, which shows strong trading flows, the Ether ETF only has a few tens of millions of dollars in buy/sell volume each day.
Statistics on inflow/outflow of Ethereum ETFs. Source: SoSoValue (26/10/2025)
The Greed and Fear Index today also dropped to as low as 21, the lowest level since the dump in early September last year, indicating an extremely pessimistic sentiment among a significant portion of investors.
Crypto market Greed and Fear Index. Source: alternative.me (26/02/2025)
Compiled by Coin68
