Bitcoin ETFs Face a Huge $938 Million Exit – Almost a Total Loss

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**Title: Bitcoin ETFs Face a Huge $938 Million Exit – Almost a Total Loss**

**Note:** *The writer’s opinions don’t always match U.Today’s. This is just for info, not investment help. Crypto trading is risky, so U.Today isn’t responsible for any damages. Do your personal investigation and speak with a money expert before putting money in. We aim for correctness, but some offers might be old.*

Blockchain info from Spot On Chain shows that Bitcoin ETFs had major removals, almost reaching a billion dollars.

The figures display the biggest one-day exit since Bitcoin ETFs started in 2024. A sum of $937.9 million in Bitcoin was taken from the eleven ETFs.

**Close to a Billion Vanished**

Fidelity’s FBTC was hit hardest, with $344.7 million going out of the fund. BlackRock’s IBIT wasn’t too far off, dropping $164.4 million. Bitwise and Grayscale’s smaller ETF had similar exits, about $88.3 million and $88.5 million each.

Spot On Chain said that their info doesn’t have ARK Invest, run by Cathie Wood, but hinted they probably had big exits too.

> [Notice] US Bitcoin ETFs saw a massive exit of $937.9 million, the biggest since starting!

> This has Fidelity FBTC’s largest exit ever, and BlackRock IBIT’s fifth-largest.

> The info leaves out 21Shares’ ARKB, which probably also… [link to tweet]

> — Spot On Chain (@spotonchain) February 26, 2025

This selling off made Bitcoin briefly fall under the $90,000 mark for the first time in almost four months.

Over the past day, Bitcoin has recovered slightly, rising by approximately 2.45%. It is currently trading at around $89,020, an increase from roughly $87,000. This follows a difficult period last week, largely caused by the U.S. President’s trade duties on Canada and Mexico. Additionally, there is considerable ambiguity surrounding the Federal Reserve’s subsequent action – will they continue lowering rates, or will they adopt a more aggressive stance once again?

Recall those A Bitcoin Giant of a Quarter Billion Dollars Rouses Following an Eight-Year Nap ETFs that everyone was anticipating? They ultimately commenced trading in mid-January of the previous year, after the SEC authorized them following months of expectation.

## Binance Chief Executive Officer Shares Insights on the Market Decline

Changpeng Zhao, the CEO of Binance, utilized X to express his opinions on the present condition of the cryptocurrency market.

> Some reflections on the recent market instability: It is essential to view this as a strategic pullback, not a turnaround.
>
> Cryptocurrency has encountered this previously, and it rebounded with greater strength. Therefore, we should maintain a positive outlook. ⤵️
>
> A thread 🧵
>
> — Changpeng Zhao (@_RichardTeng) February 25, 2025

Zhao perceives this as a “strategic pullback, not a turnaround.” He is reminding everyone that the market has experienced downturns in the past, only to “rebound with greater strength.” That is why he is remaining hopeful. Cryptocurrency, similar to conventional assets, responds to the broader economic landscape. Zhao also mentioned, “While a rate decrease in March appears less probable now.” He even referenced the 2020 Bitcoin decline when the Fed began increasing rates.

Zhao underscored that the fundamental principles of cryptocurrency are, in fact, improving. According to the Binance CEO, what we are currently witnessing is a “readjustment,” and it is vital to remain attentive and knowledgeable.