U.S. spot Bitcoin ETFs saw $266.31M worth of total net outflows on February 27

U.S. spot Bitcoin ETFs experienced a combined net outflow of $266.31 million on Feb. 27, marking the eighth consecutive trading day of net outflows, according to an X post by Trader T (@thepfund). Of these, BlackRock’s IBIT saw the largest outflows of $192.32 million, followed by WisdomTree’s BTCW ($53.78 million) and VanEck’s HODL ($10.58 million). Grayscale’s GBTC also experienced a withdrawal of $7.26 million as well as three others: Fidelity’s FBTC ($7.25 million), Franklin Templeton’s EZBC ($7.23 million) and Grayscale’s mini BTC ($5.54 million). Meanwhile, Bitwise’s BITB recorded a net inflow of $17.65 million, while the remaining ETFs reported no significant changes in their holdings.