BlockBeats News, March 1st, according to Trader T's data, the US Bitcoin spot ETF saw a net outflow of $3.546 billion in February, equivalent to about 40,000 BTC, marking the first time in history that all ETFs experienced a net outflow.
BlackRock's IBIT reduced its BTC holdings by 9,740 BTC, currently holding 573,136 BTC, with a net outflow of $721 million. This is the first monthly net outflow for IBIT since its listing.
Fidelity's FBTC saw a net outflow of $1.202 billion, while Grayscale saw a net outflow of $585 million (GBTC net outflow of $404 million; Mini BTC net outflow of $181 million).
Bitcoin's price dropped by 18% in February, falling from $102,400 to $84,300.
