US spot Bitcoin exchange-traded funds (ETFs) posted $104.9 million in internet outflows on Tuesday within the first buying and selling session this week.
Whole buying and selling quantity in spot Bitcoin (BTC) ETFs fell to only over $3 billion, down practically 80% from a report $14.7 billion on Feb. 5, reflecting a continued slowdown in buying and selling exercise, in accordance to SoSoValue knowledge.
The outflows got here as one other spherical of establishments reported their Bitcoin ETF holdings for the fourth quarter of 2025, with Jane Road rating because the second-largest purchaser of BlackRock’s iShares Bitcoin ETF (IBIT) in This autumn, shopping for $276 million.
This autumn additionally noticed a brand new IBIT entrant, an obscure Hong Kong-based firm referred to as Laurore, which acquired $436.2 million of the ETF in a single buy reported to the US Securities and Change Fee.
A possible signal of Chinese language establishments shifting into Bitcoin?
In line with Bitwise Investments advisor Jeff Park, Laurore’s newly disclosed place in IBIT could possibly be an early indication of institutional Chinese language capital coming into Bitcoin.
Park stated Laurore has no public footprint — no web site or press — and the one obtainable data is that the filer’s identify is Zhang Hui, the Chinese language equal of “John Smith.”
Whereas Park speculated that the funding could also be linked to capital flight, some commentators questioned why the corporate would select to purchase Bitcoin via an ETF relatively than straight.
Brevan Howard slashes IBIT holdings by 85%
Past Laurore and Jane Road, a number of establishments made important strikes with IBIT in This autumn 2025. Weiss Asset Administration reportedly added roughly 2.8 million shares ($107.5 million), whereas 59 North Capital elevated its place by 2.6 million shares ($99.8 million).
Abu Dhabi’s state-owned funding agency Mubadala Funding additionally boosted its IBIT holdings by 45%, rising from 8.7 million shares in Q3 to 12.7 million in This autumn, valued at $630.7 million.
In distinction, some corporations lower their Bitcoin ETF publicity in This autumn 2025. Brevan Howard lowered its IBIT holdings, dropping roughly 85% from 37 million shares ($2.4 billion) in Q3 2025 to about 5.5 million shares ($273.5 million) in This autumn.
Goldman Sachs additionally trimmed its IBIT holdings by roughly 40%, leaving round $1 billion in property.
Journal: Is China hoarding gold so yuan turns into world reserve as an alternative of USD?
