US spot Bitcoin ETFs have recorded their highest-ever daily outflow of $937.9 million on February 25. This outflow came as Bitcoin’s price slipped below the $90,000 mark. Analysts suggest that many of these outflowing funds involve hedge funds seeking short-term arbitrage rather than long-term holding strategies. This significant shift raises concerns about the health of the market and the possible implications for Bitcoin’s future price trajectory. Investors are left to ponder whether these outflows will exacerbate the ongoing price decline or signal the start of a broader market correction.