Bitcoin is still under pressure, and institutional activities are the source of pressure this time. Statistics show that on September 22, 2025, Bitcoin Spot ETF saw one of the biggest daily drawdowns of the year, accompanied by an astounding $363.17 million outflow. Bitcoin currently holds around $113,000 and holds support, but reflects a lack of confidence among larger market participants.
Bitcoin ETFS bleeding
This sudden move coincides with the ETF’s breakdown, which reveals that there were major redemptions in some major publishers. In one day, Fidelity’s FBTC lost $72.68 million, Grayscale’s GBTC saw a $24.65 million spill, and ARK and 21-shared BITB saw a $52.30 million departure. Meanwhile, Vaneck’s Hodl ETF suffered the biggest loss. $9,454 million has been withdrawn. The 12 ETFs do not record net influx and show consistent changes in capital away from institutional exposure to Bitcoin.
The fact that despite the significant outflow, the cumulative net inflow of Bitcoin ETFs is still at $573.5 billion indicates that despite recent bearish sentiments, long-term institutional commitments have not been lost. However, short-term fluctuations are the main cause of price volatility and there is no fresh inflow, making Bitcoin more susceptible to sales pressure.
Bitcoin price bleeding
This uncertainty can be seen in the price list. Bitcoin temporarily reached $111,900, but the 200-day EMA is still at $105,000, offering a buffer before reaching the psychologically significant $100,000 level. The relative strength index (RSI) shows neutral momentum, but the market could decline if the outflow continues and facility sales are present.
In the big picture, institutional outflows show a growing attention in the face of market-wide liquidation and macroeconomic concerns. If redemption continues next week, the bullish narrative established in mid-2025 could be eroding, and Bitcoin could test a deeper level of support.
Bitcoin is currently over $113,000, but stability is unstable due to the institutional waves opposed. Unless the influx starts again, the possibility of fixes under $105,000 is very realistic.
