US spot Bitcoin ETFs are heading toward a fourth straight week of losses as institutional sentiment weakens and Standard Chartered cuts its 2026 Bitcoin price target to $100,000.
On Thursday alone, spot Bitcoin ETFs recorded $410.4 million in outflows, pushing total weekly withdrawals to $375.1 million, according to data from SoSoValue. Without a strong rebound in inflows, funds are likely to log their fourth consecutive week of declines. Assets under management have slipped to around $80 billion, a sharp drop from nearly $170 billion at their October 2025 peak.
The selling coincided with Standard Chartered lowering its 2026
Bitcoin target from $150,000
to $100,000, warning that prices could fall to $50,000 before recovering.
“We expect further price capitulation over the next few months,” the bank said in a Thursday report shared with Cointelegraph, forecasting Bitcoin to drop to $50,000 and Ether to $1,400.
“Once those lows are reached, we expect a price recovery for the remainder of the year,” Standard Chartered added, projecting year-end prices for BTC and ETH at $100,000 and $4,000, respectively.
Solana ETFs the only winners amid heavy crypto ETF outflows
Negative sentiment persisted across all 11 Bitcoin ETF products, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) and the Fidelity Wise Origin Bitcoin Fund suffering the largest outflows of $157.6 million and $104.1 million, respectively,
according
to Farside.
Ether ETFs
faced
similar pressure, with $113.1 million in daily outflows dragging weekly outflows to $171.4 million, marking a potential fourth consecutive week of losses.
XRP ETFs
saw
their first outflows of $6.4 million since Feb. 3, while Solana ETFs bucked the trend,
recording
a minor $2.7 million in inflows.
Extreme bear phase not yet here as analysts expect $55,000 bottom
Standard Chartered’s latest Bitcoin forecast follows previous analyst forecasts that Bitcoin could dip below $60,000 before testing a recovery.
“Bitcoin’s ultimate bear market bottom is around $55,000 today,”
Despite the weakness, some analysts argue the market has not yet reached an extreme bear phase. CryptoQuant noted that realized price support remains near $55,000 and hasn’t been fully tested. Its cycle indicators still show a bear market, but not the “extreme bear” conditions that typically mark long-term bottoms.
Meanwhile, price action remains relatively stable. Bitcoin hovered near $66,000, briefly touching $65,250, according to CoinGecko. Long-term holders are largely selling around breakeven rather than panic levels, suggesting capitulation has not yet occurred. Historically, deeper losses among these holders have been needed before a true market reset forms.
Thisis for informational purposes only and does not constitute investment advice. Always conduct your own research before making financial decisions.