BTC ETFs See $410M in Outflows as Standard Chartered Cuts BTC Price Target
On Thursday, US spot saw heavy cash outflows, totalling $410.4 million. As Standard Chartered dropped its year-end 2026 BTC price projection, which showed prudence in the current market, tradeing pressure followed.
showed that the outflows resulted in weekly losses of $375.1 million. The ETFs are set to have a fourth week in a row of net negative flows unless there are large inflows on Friday. The amount these funds manage has dropped to roughly $80 billion, down from a high of almost $170 billion in October 2025.
According to , BlackRock’s iShares BTC Trust (IBIT) had the most outflows, with $157.6 million, followed by Fidelity Wise Origin BTC Fund, with $104.1 million. All 11 spot BTC ETF products had a poor day on that day. According to , BTC traded around $66,000 on Thursday, then dipped to $65,250.
Standard Chartered’s New Prediction
lowered its BTC target for 2026 from $150,000 to $100,000. This is the second time in less than three months that the bank has lowered its rate; the first was in December, when it lowered it from $300,000.
The bank warned of more losses in a report sent to Cointelegraph on Thursday. Standard Chartered said, “We expect more price capitulation over the next few months,” and they think BTC might drop to $50,000 before it begins to rise again.
The bank also thought that Ether would fall to $1,400 soon. The research said, “Once those lows are reached, we expect a price recovery for the rest of the year.” It kept its year-end 2026 targets of $100,000 for BTC and $4,000 for Ether.
The change is due to continuous , macroeconomic pressures, and changing investor behaviour. Since the top in October, US spot BTC ETFs have lost around $8 billion, roughly 100,000 BTC. The average price for ETF purchaviewrs is about $90,000, suggesting many are losing money.
Signals From The Broader Market
CryptoQuant noted that long-term holders haven’t really given up yet, as sales are occurring near breakeven levels. The analytics group said, “Historical bear market bottoms formed when LTHs lost 30–40% of their value, which means that a full reset may need more downside.”
CryptoQuant also said that BTC’s realised price support is still about $55,000, which hasn’t been challenged yet. In a weekly update, it added, “BTC’s ultimate bear market bottom is around $55,000 today.”
The company also said, “Market cycle indicators are still in the bear phase, not the extreme bear phase,” noting that its Indicator has not yet entered the severe Bear phase, which is usually associated with bottoming processes.
On Thursday, Ether ETFs also $113.1 million, bringing their weekly losses to $171.4 million. Other altcoin products had varied results. XRP ETFs lost $6.4 million, while Solana ETFs gained $2.7 million.
The combination of ongoing ETF redemptions and cautious institutional outlooks shows how hard things are for BTC right now, as investors weigh macroeconomic uncertainty against the chances of a long-term recovery.
