U.S. spot Bitcoin ETFs saw three consecutive days of net outflows, losing almost $500 million in total leading up to Feb. 20. The largest single-day decline occurred on Feb. 20, with net outflows of $364.93 million. BlackRock's IBIT experienced the largest single-day withdrawal, followed by ARK Invest's ARKB and Fidelity's FBTC. Grayscale's GBTC continued its outflow streak, while Bitwise's BITB had inflows and VanEck's HODL saw a slight gain. The outflows have raised concerns about changing investor sentiment, but institutional demand appears to be growing. Meanwhile, Bitcoin's price has remained stable at $98,000.



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