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Bitcoin ETFs are hemorrhaging billions. Here's what investors awaiting a crypto turnaround should watch for
Bitcoin has been unable to catch a break recently. After falling from the $90,000 level to $60,057 on Feb. 5, the cryptocurrency has been stuck in a range of $60,000 to $70,000 for the past two weeks. And bitcoin (BTCUSD) investors aren't expecting a rebound anytime soon. The slump can be partly explained by the hemorrhaging among bitcoin exchange-traded funds. Since the start of 2026, U.S. spot bitcoin ETFs, such as iShares Bitcoin Trust ETF IBIT and Grayscale Bitcoin Trust ETF GBTC, have collectively seen $2.6 billion worth of outflows. This means bitcoin ETFs, which helped bring new investors into the crypto ... (full story)