Bitcoin ETFs witness record $937.9 million outflow amid investor unease

Fidelity and BlackRock led the historic Bitcoin ETF outflow.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

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...