Bitcoin ETF Market Records $60.63M Outflow Despite $40.05B Cumulative Inflows

• Bitcoin ETFs recorded a $60.63 million net outflow on February 18, with total assets reaching $110.07 billion.
• BlackRock’s IBIT led inflows with $68.44 million, while Bitwise’s BITB saw the largest outflow of $112.65 million.
• All ETFs posted daily gains between 1.98% and 2.14%, with IBIT holding the largest market share at 2.96%.

According to a recent update by SoSoValue, Bitcoin exchange-traded fund (ETF) market experienced a net outflow of $60.63 million on February 18, despite cumulative inflows reaching $40.05 billion. Total assets under management across ETFs stood at $110.07 billion, accounting for 5.89% of Bitcoin’s market capitalization. The total value traded reached $2.83 billion on the same day.

Market Leaders and Net Asset Movements

BlackRock’s iShares Bitcoin Trust (IBIT), trading on NASDAQ, recorded the highest net inflow of $68.44 million. IBIT’s cumulative inflows totaled $40.97 billion with net assets at $55.28 billion, making it the largest by asset size. Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw a daily outflow of $16.42 million. Its cumulative inflows stood at $12.48 billion with net assets of $19.59 billion.

Grayscale’s Bitcoin Trust (GBTC), despite no daily net inflow, remained significant with $18.79 billion in assets. However, GBTC recorded a cumulative outflow of $22.01 billion. Ark Invest’s ARKB and Grayscale’s BTC ETF registered no daily inflows. Their net assets stood at $4.72 billion and $3.97 billion, respectively.

Bitwise’s BITB experienced the largest daily outflow of $112.65 million, bringing its cumulative net inflow to $2.16 billion. Its net assets stood at $3.76 billion, ranking sixth by asset size. Despite outflows, the majority of ETFs recorded positive daily price changes. All listed funds saw gains between 1.98% and 2.14%, indicating strong market momentum.

Trading Volumes, Premiums,  and Price Movements

IBIT led with a trading volume of $357.18 million and 6.52 million shares traded. FBTC and GBTC followed with volumes of $31.20 million and $28.87 million, respectively. ARKB traded $11.61 million, while BTC had a $5.10 million volume. Smaller ETFs, such as BRRR and EZBC, traded below $1 million, reflecting lower investor activity.
Premiums and discounts across ETFs remained stable. IBIT and FBTC traded at a 0.08% premium, while GBTC and BTCO showed a -0.06% discount. IBIT held the highest market share of 2.96%, followed by FBTC at 1.05% and GBTC at 1.01%. Daily price changes averaged around +2.13%, reflecting steady gains across the market.