Bitcoin Market Update 2025

The year 2025 continues to be a wild ride for the cryptocurrency market, particularly for Bitcoin (BTC). With back-to-back price swings of 10%, liquidations exceeding $1 billion almost every weekend, and major events like the creation of the Strategic Bitcoin Reserve by the United States, many remain uncertain about the market’s direction.

Instability has become the defining characteristic, prompting many investors to stay on the sidelines rather than endure the volatility. This trend is evident in the Bitcoin ETF space.

For instance, recent data from Lookonchain indicates that in the last 24 hours, crypto-oriented investment products faced a net outflow of -$137.62 million, or -1,537 BTC. This follows a staggering $2.9 billion in outflows from the previous week, indicating a continued trend.

The largest outflows recently were observed in IBIT, a Bitcoin ETF managed by BlackRock, which lost 689 BTC—approximately $61.7 million—over the review period as ETF holders sold off their shares.

BlackRock currently holds 571,970 BTC, valued at $51.23 billion. Overall, Bitcoin ETF issuers combined hold nearly double that amount at 1,127,831 BTC, totaling around $101 billion.