Yigit Taha OZTURK 
US spot Bitcoin exchange-traded funds (ETFs) have recorded their largest-ever two-week outflow due to the ongoing trade tensions between the US and China. According to Sosovalue data, in the two-week period leading up to February 21, US spot Bitcoin ETFs experienced a total outflow of $1.14 billion worth of Bitcoin.
Major Outflow Reaches Record Levels!
This sell-off marks the largest two-week outflow recorded since the launch of Bitcoin ETFs on January 11, 2024. The previous largest outflow occurred in June 2024, when Bitcoin’s price was around $64,000, with an outflow of $1.12 billion.
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Trade Tensions and Interest Rate Expectations Are Major Factors!
While the outflows from Bitcoin ETFs were primarily driven by US-China trade tensions, Marcin Kazmierczak, co-founder of RedStone, noted that interest rate expectations, regulatory developments, and overall market sentiment also played significant roles.
Kazmierczak stated, “Big players remain invested despite short-term outflows,” highlighting that both the Abu Dhabi Sovereign Wealth Fund and the Wisconsin Pension Fund continue to hold substantial BTC positions through Bitcoin ETFs, despite recent selling pressures.
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