Market Update: Spot Bitcoin ETF assets have fallen below $100B.
Recent outflows of $272M bring year-to-date withdrawals to around $1.3B. With Bitcoin trading below the ETFs’ average cost basis (~$84K), a significant portion of institutional capital is currently underwater, which could increase selling pressure.
Some altcoin ETFs are seeing minor inflows, suggesting capital rotation rather than a full exit from crypto. Still, the ongoing decline in BTC ETF assets is a notable signal for market structure.
Takeaway: Falling ETF assets can indicate institutional caution and potential headwinds for Bitcoin in the near term.