Eric Trump Says ''Purchase The Dip'' As Spot Bitcoin ETFs See File Outflows

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

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

US Spot Bitcoin ETFs Undergo File Outflows

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

BTC ETF buyers 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 file 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 internet outflows of $151.9 million.

To this point this month, the 11 US spot Bitcoin ETFs have seen $2.4 billion exit their reserves. There have additionally solely been 4 days of internet 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 a large 24 level drop yesterday to its lowest stage since November final 12 months, 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 under $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.

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