On February 13, U.S. spot Bitcoin ETFs experienced a new round of selling. On the same day, Standard Chartered Bank lowered its price forecast for Bitcoin in 2026, prompting the market to reassess its medium-term outlook.
Data shows that on that day, total net outflows from spot Bitcoin ETFs amounted to $410.4 million, with weekly outflows reaching $375.1 million. If no significant inflows occur subsequently, this will be the fourth consecutive week of negative fund flows. The total assets under management for related funds have fallen back to approximately $80 billion, well below the nearly $170 billion peak in October 2025.
Against the backdrop of continued capital outflows, Standard Chartered Bank lowered its 2026 Bitcoin target price from $150,000 to $100,000 and warned that before a rebound, the price could further decline to $50,000. The bank also predicted that Ethereum might drop to around $1,400 before recovering to higher levels within the year.
Market sentiment is also reflected in the performance of multi-asset ETFs. Bitcoin-related products generally came under pressure, with Ethereum ETFs experiencing over $100 million in outflows, indicating that investors are becoming more cautious about risk assets in the short term. In contrast, Solana-related ETFs saw a slight net inflow, making them one of the few assets to perform countertrend.
On-chain and derivatives analysis firms believe Bitcoin is still in the mid-stage of a bear market cycle. CryptoQuant pointed out that key support levels around $55,000 have not been fully tested, and the market has not yet entered an “extreme bear market” phase. Historical experience shows that true cycle bottoms are often accompanied by larger unrealized losses among long-term holders.
As of press time, Bitcoin hovered around $66,000, with short-term resistance still present. With ETF capital flows, macro environment, and institutional expectations all weakening simultaneously, the market will closely watch whether the $50,000 to $55,000 range will become the new battleground for bulls and bears.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Maestro Launches Bitcoin Credit Market Mezzamine, Targeting 8%-9% Annual Yield
Bitcoin infrastructure provider Maestro launches Mezzamine, a credit market denominated in bitcoin, targeting institutional investors with new yield opportunities and expanding miner financing. In collaboration with Sazmining, the project offers an annualized yield rate of 8%-9%, aiming to address risks in traditional mining finance.
GateNews15m ago
Crypto Market News: BlackRock $107M ETHB Success Proves the Hunt for Yield Is on but Bitcoin and ...
The financial landscape in mid March 2026 has been dominated by a singular headline: BlackRock’s aggressive push into the decentralized yield space. With the massive rollout of its iShares Staked Ethereum Trust (ETHB), the world’s largest asset manager has effectively validated a core market truth i
BlockChainReporter41m ago
France-based Company Capital B Raises 3 Million Euros to Accelerate Bitcoin Reserve Strategy
Gate News reports that on March 17, French company Capital B raised 3 million euros through warrant financing, with investors including TOBAM and UTXO Management. The funds will be used to accelerate its Bitcoin reserve strategy. This financing is expected to add approximately 36 BTC. If all related plans are executed, the company's potential Bitcoin holdings could reach approximately 2,880 BTC. This move is the latest example of enterprises continuously incorporating Bitcoin into their balance sheets, demonstrating that corporate Bitcoin reserve strategies continue to expand.
GateNews42m ago
Morning Minute: Strategy's $1.58B Buy Pushes BTC to $75k
_Morning Minute is a daily newsletter written by __Tyler Warner__. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. __And c__heck out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or
Decrypt50m ago
US Crypto Spot Market Share Rises from 8% to 15% Over the Past Year
Gate News, March 17 – US crypto exchange spot market share has risen from 8% to 15% over the past year, with BTC on-chain liquidity deeper and growing faster than multiple offshore platforms. Data shows that improved institutional access, ETF demand, enhanced compliance, transparency, and operational resilience are the main reasons for the flow of market share back to US markets.
GateNews1h ago
Complete Guide to Using Bitcoin Blockchain Explorer
Bitcoin is developed on the concept of transparency, permitting everyone to verify transfers directly via the public ledger. One of the convenient methods to check this transparency is via a blockchain explorer, an instrument that lets users view transfer details, network activity, and wallet
BlockChainReporter1h ago
