Spot BTC ETF AUM falls below $100B for first time since April 2025

The total assets under management (AUM) for spot Bitcoin ETFs have dropped below $100 billion for the first time since April 2025, Cointelegraph reported, citing data from SoSoValue. The AUM for these funds, which peaked at $168 billion in October 2025, is now at a new low for the year. The outlet noted that the average entry price for spot BTC ETF holders is $84,000, a level above Bitcoin's current price that is putting pressure on fund flows. It also added that many experts predict institutional investors will evolve beyond ETFs to trade the underlying asset directly.