US spot Bitcoin ETFs experienced increased selling, with outflows of $410.4 million on Thursday, bringing weekly losses to $375.1 million. Standard Chartered lowered its 2026 Bitcoin forecast to $100,000, warning of potential drops to $50,000 before a recovery. ETF assets under management are nearing $80 billion, down from $170 billion in October 2025.

All 11 Bitcoin ETF products faced negative sentiment, with BlackRock’s IBIT and Fidelity Wise Origin Bitcoin Fund seeing the largest outflows of $157.6 million and $104.1 million. Ether ETFs also experienced pressure, with $113.1 million in daily outflows, potentially marking a fourth consecutive week of losses. XRP ETFs had outflows of $6.4 million, while Solana ETFs recorded minor inflows of $2.7 million.

Analysts expect Bitcoin to bottom out around $55,000, emphasizing that the market cycle indicators remain in the bear phase and have not yet reached the extreme bear phase. Market cycle indicators have not entered the Extreme Bear regime, historically marking the start of bottoming processes, which can persist for several months. Bitcoin’s price hovered around $66,000 on Thursday.

Read more at CoinTelegraph: Bitcoin ETFs Post $410M Outflows As Early-Week Momentum Fades