Spot Bitcoin ETF Outflows Hit $649 Million as BTC Falls Below $77K

US spot Bitcoin ETFs recorded net outflows of approximately $648.6 million on Monday, marking the largest single day withdrawal since late January According to SoSoValue data . The selloff extended last week’s negative trend, which already crossed $1 billion and ended a six-week period of positive inflows.

Among the biggest withdrawals, BlackRock’s IBIT saw around $448.3 million in outflows. Ark & 21Shares’ ARKB followed with $109.6 million, while Fidelity’s FBTC lost roughly $63.4 million. Other funds, including those from Bitwise, VanEck, Invesco, and Franklin Templeton, also reported negative flows.

Bitcoin Price Drops Below $77,000 Amid Market Pressure

Bitcoin slipped below $77,000 as investors reacted to growing geopolitical concerns linked to US-Iran tensions, rising oil prices, and fears of persistent inflation. Analysts say higher US Treasury yields also encouraged investors to move capital toward lower-risk assets offering stronger returns.

Institutional Investors Stay Cautious

Market experts believe the ETF outflows reflect short-term profit-taking rather than a complete shift in sentiment. Bitcoin is currently holding support near the $76,000–$77,000 range, while growing stablecoin supply, including USDT and USDC, suggests investors may be waiting on the sidelines for possible buying opportunities if prices weaken further.

Federal Reserve Signals in Focus

Analysts are also closely watching new Federal Reserve Chair Kevin Warsh for guidance on inflation, interest rates, and monetary policy, as future decisions may influence crypto market direction and institutional investment flows.