Eric Trump Says “Purchase The Dip” Amid Report Bitcoin ETF Outflows

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US Spot Bitcoin ETFs Endure Report Outflows Crypto Investor Sentiment Grows Even Extra Fearful Associated Articles:

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US President Donald Trump’s son Eric Trump says traders should purchase the dip as US spot Bitcoin ETFs (exchange-traded funds) recorded their largest-ever each day outflows.

“Purchase the dips,” the President’s son stated to his over 5.6 million followers on X in a put up yesterday.

US Spot Bitcoin ETFs Endure Report Outflows

Trump’s name to purchase the dip comes because the 11 US spot Bitcoin ETFs collectively noticed web outflows of $937.9 million on Feb.25. This additionally marked their sixth straight day of buying and selling outflows, in accordance with knowledge from Farside Buyers.

BTC ETF traders pulled probably the most capital out of the Constancy Clever Origin Bitcoin Fund (FBTC), with $344.7 million leaving the fund’s reserves yesterday. This was additionally a report outflow for the ETF.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦$ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻) – 2025-02-25
TOTAL NET FLOW: -937.9
IBIT: -164.4
FBTC: -344.7
BITB: -88.3
ARKB:
BTCO: -62
EZBC: -74.1
BRRR: -25.2
HODL: -10
BTCW: -17.3
GBTC: -66.1
BTC: -85.8
For all the information & disclaimers go to:https://t.co/Wg6Qpn0Pqw
— Farside Buyers (@FarsideUK) February 26, 2025

In the meantime, BlackRock’s iShares Bitcoin Belief (IBIT) recorded the second-biggest outflows of $164.4 million. Equally, the Bitwise Bitcoin ETF (BITB) misplaced $88.3 million, whereas Grayscale’s two funds suffered mixed web outflows of $151.9 million.

Up to now this month, the 11 US spot Bitcoin ETFs have seen $2.4 billion exit their reserves. There have additionally solely been 4 days of web inflows for the funds in February.

Crypto Investor Sentiment Grows Even Extra Fearful

The current ETF outflows coincide with the general fearful sentiment within the crypto market. After present process an enormous 24 level drop yesterday to its lowest degree since November final yr, the Crypto Worry and Greed Index continued to fall within the final 24 hours.

At the moment, the index stands at 21, signaling “Excessive Worry” available in the market.

Buyers are in panic mode after Bitcoin dropped beneath $90K within the final 48 hours. It has pared some losses to commerce at $89,015.40 as of 8:14 a.m. EST after falling to a 24-hour low of $86,008.23.