Total trading volume across the products fell to just over $3 billion, down nearly 80% from the $14.7 billion peak recorded on Feb. 5, according to SoSoValue.

The decline in activity reflects a broader cooling in market momentum as Bitcoin trades near $67,870. Recent sessions have been characterized by reduced participation and cautious positioning from investors. While outflows remain modest compared to prior sell-offs, the drop in volume suggests fading short-term conviction. The shift comes as institutions continue to disclose fourth-quarter 2025 ETF holdings.

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BTC
BTC
66,372.18
-1.63%