Bitcoin ETFs saw a record-breaking $937.9 million outflow on February 25th, highlighting a dramatic shift in the crypto market. Such a substantial withdrawal hasn’t been seen since the ETFs started in 2024. With Fidelity's Wise Origin Bitcoin Fund taking the lead, the mass exodus seems to spell trouble for Bitcoin's valuation, driving prices to unexpected lows. But what triggered these institutional withdrawals on this specific date, and how might this affect Bitcoin's future stability? Uncover the story behind these numbers...
Bitcoin ETFs witness record $937.9 million outflow amid investor unease Bitcoin ETFs witness record $937.9 million outflow amid investor unease
Fidelity and BlackRock led the historic Bitcoin ETF outflow.
2 min read
Updated: Feb. 27, 2025 at 12:21 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
Fidelity
Fidelity Investments Inc., commonly referred to as Fidelity, is a multinational financial services corporation based in Boston, Massachusetts.
Grayscale Investments
Established in 2013 by Digital Currency Group, Grayscale Investments is a trusted authority on digital currency investing and cryptocurrency asset management.
Ark Invest
ARK Investment Management LLC (ARK Invest) holds a precision lens on thematic investing.
The ARK 21Shares Bitcoin ETF (ARKB) is a digital asset ETF that seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant (the “Index”).
The BlackRock Bitcoin ETF, known as the iShares Bitcoin Trust (IBIT), is an investment fund that provides regulated exposure to Bitcoin for investors.
The Fidelity Wise Origin Bitcoin Trust (FBTC) is a spot Bitcoin ETF that offers investors exposure to the price of Bitcoin.
The Grayscale Bitcoin Trust (GBTC) is a digital currency investment product that provides investors with access to Bitcoin through traditional investment channels.
