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
South Korean Police Plan to Establish Guidelines for Seizing Privacy Coins; Virtual Assets Confiscated Over Past Five Years Valued at 545 Billion Won
The Korean National Police Agency is developing new virtual asset seizure management guidelines, incorporating handling of privacy coins for the first time. The new regulations will clarify software wallet management, address virtual asset custody gaps, and improve law enforcement efficiency. Police plan to designate private custodian institutions, while experts recommend establishing a centralized public custody mechanism to reduce risks. This reform has been prompted by recent Bitcoin theft incidents, driving the management system's transition toward the digital asset era.
区块客2m ago
Hyperscale Data holds over 622 BTC, with cash and bitcoin value approximately 161% of market cap
Hyperscale Data, Inc. announced that as of March 15, 2026, its subsidiaries hold approximately 622.44 Bitcoin, valued at approximately $45.3 million. The company's combined cash and Bitcoin totals approximately $85.7 million. Facing a significant divergence between market capitalization and book value, the company is evaluating response strategies and plans to use cash to purchase Bitcoin.
GateNews7m ago
Crypto Market Rally Has Begun With Bitcoin and Altcoin Prices Rising, ETH Pump Could Be Strong
Crypto market rally has begun with Bitcoin and altcoin prices rising.
Some expect the price of ETH to see a very strong pump.
Analysts debate the many possibilities of a bullish rally peak.
The crypto market seems to have already entered a promising bullish recovery phase. At the
CryptoNewsLand32m ago
Crypto Price Prediction Today March 17: Bitcoin, XRP, Cardano
The middle of March has arrived, and the cryptocurrency market is showing some interesting moves after a weekend of steady trading. Bitcoin took a run at the $76,000 level, a price point that got many people’s attention, but it has since settled back into a familiar range around the mid $70,000
CaptainAltcoin48m ago
Willy Woo: Bitcoin Fundamentals Are Strong But Bottom Not Yet Formed, Warning Current Rally Could Be Bull Trap
Bitcoin analyst Willy Woo points out that Bitcoin's trend is strong, with prices poised to break through the mid-80,000 dollar level. The current rally is mainly driven by the futures market, and short-term capital inflows could trigger volatility. Woo warns that the bottom structure has not yet formed, liquidity indicates that the bear market is still continuing, and the rebound could be a "bull trap."
GateNews1h ago
A certain whale opened a $4.1 million BTC long position with 40x leverage, with a liquidation price of $73,463.
Gate News reports that on March 17, an address starting with 0xa95 opened a BTC long position with 40x leverage within the past hour, increasing the position to a total of $4.1 million, with an average entry price of $74,398, and a liquidation price of $73,463. Currently, this position has an unrealized loss of approximately $13,000, representing a 13% loss. Additionally, within the past 10 minutes, the address placed a market stop-loss order close to the liquidation price, with the stop-loss set at $73,468.
GateNews1h ago
