Bitcoin ETF Outflows Surge as BTC Drops Below $100K; Crypto Market Enters Bear Phase

U.S.-listed spot bitcoin ETFs saw significant withdrawals on Thursday, with net outflows totaling about $870 million, marking the second-largest single-day exit since their launch, according to SoSoValue data reported by CoinDesk. Ether ETFs also posted substantial outflows, underscoring the market-wide shift toward risk aversion.

Massive ETF Outflows Hit Bitcoin and Ether

Bitcoin ETFs: ~$870 million in net outflows
• Second-largest daily withdrawal on record
Ether ETFs: $259.7 million in redemptions
• Largest outflow since October 13

The wave of ETF selling aligned with a broad downturn in digital asset prices.

Bitcoin Slides Under $100K as Market Risk Rises

Bitcoin (BTC-USD): $96,847.63, down 2.8%
Ether (ETH-USD): $3,157.87, down 2.3%

Other major tokens also declined:

XRP -2.3%
BNB -1.7%
XLM -1.4%
TIA -1.3%
UNI -7.6%
AVAX -3.5%
DOGE -0.8%
SOL -2.4%

Broader Market Pressure: Liquidations and Weak Sentiment

The crypto market is still coping with $19B in liquidations from Oct. 10, which erased more than $1T in total digital-asset market value.
In the past 24 hours alone, over $1B in leveraged positions were liquidated.
10X Research analysts say the market has entered a bear phase, citing:
• Weak ETF inflows
• Selling pressure from long-term holders
• Declining retail participation

Crypto-Linked Stocks Fall Sharply Premarket

A broad selloff hit crypto mining and trading stocks:

MSTR: -5%
BLSH: -3.7%
RIOT: -6.2%
MARA: -5.2%
COIN: -4.9%
BTBT: -8.3%
GLXY: -6.9%
CLSK: -8.2%
HUT: -9.3%
HIVE: -11.7%
IREN: -8.8%

Key Bitcoin ETFs Noted in Market Flows

Leading U.S.-listed bitcoin ETFs include:

IBIT
ARKB
GBTC
BRRR
BTCO
HODL
BTCW
FBTC
BITB
EZBC