US spot Bitcoin exchange-traded funds (ETFs) continued to see significant outflows, totaling $410.4 million on Thursday as Standard Chartered revised its Bitcoin forecast for 2026 down from $150,000 to $100,000.

The recent selling spree has pushed cumulative losses to $375.1 million for the week. If substantial inflows do not occur, these funds are positioned for a fourth consecutive week of losses, with their assets under management plummeting from nearly $170 billion in October 2025 to just under $80 billion now.

Daily flows in US spot Bitcoin ETFs since Monday. Source: SoSoValue

This wave of selling aligns with Standard Chartered’s announcement regarding their lowered predictions for Bitcoin, citing potential declines to $50,000 before a possible recovery. In a Thursday report, the bank warned, “We expect further price capitulation over the next few months,” suggesting Bitcoin could eventually rebound towards $100,000 by year-end.

Solana ETFs Gain Amidst Bitcoin ETF Outflows

Contrary to the negative trend observed in Bitcoin ETFs, Solana ETFs recorded modest inflows of $2.7 million, while other products like BlackRock’s iShares Bitcoin Trust ETF faced the heaviest outflows.

Market Overview

Bitcoin was trading around $66,000, but had briefly dipped to $65,250 according to CoinGecko. Despite this ongoing selling trend, the behavior of long-term holders indicates that widescale panic sell-offs are not yet in play.