22-8-2025 – Bitcoin dropped toward the crucial $112,000 support level as spot Bitcoin ETFs recorded their fifth consecutive day of outflows, with $195.9 million exiting the funds on August 21 alone. The sustained capital flight threatens to push the cryptocurrency toward its next major support at $108,000 if current levels fail to hold.
Bitcoin $BTC is testing key support at $112,000, lose it and $108,000 is next. pic.twitter.com/WBy73BGHCX
— Ali (@ali_charts) August 22, 2025
BlackRock’s IBIT led the exodus with $129.07 million in outflows, while ARK Invest’s ARKB shed $43.28 million and Fidelity’s FBTC lost $31.77 million. The persistent selling pressure from institutional vehicles has coincided with Bitcoin’s technical breakdown, creating a dual headwind for the world’s largest cryptocurrency.
Not all funds participated in the selloff, however. Franklin’s EZBC attracted $3.25 million in fresh capital and Grayscale’s mini BTC saw $4.97 million in inflows, suggesting selective investor appetite remains despite the broader retreat. The divergent flows indicate that while general sentiment has soured, some institutional products continue finding buyers.
Technical analysts warn that a decisive break below $112,000 could trigger accelerated selling toward $108,000, with ETF redemptions potentially amplifying any downward move as fund managers sell underlying Bitcoin to meet withdrawal demands.
