Bitcoin Weekly ETF Inflows Extend Rally as Ethereum ETFs Bleed Funds

Spot Bitcoin exchange traded funds (ETFs) continued to attract capital last week, marking a fourth straight week of net inflows. From March 16–20, spot Bitcoin ETFs saw total net inflows of $95.18 million (approximately KRW 143.4 billion), reflecting sustained investor interest in the world’s largest cryptocurrency.

Ethereum ETFs Face Continued Outflows

In contrast, spot Ethereum ETFs experienced net outflows totaling $59.94 million (around KRW 90.3 billion) over the same period. The persistent withdrawals highlight weakening investor sentiment toward Ethereum, even as Bitcoin continues to see steady demand.

Altcoin ETFs Show Mixed Trends

Among other altcoin ETFs, the spot Solana (SOL) ETF recorded net inflows of $21.10 million (about KRW 31.8 billion), while the spot XRP (XRP) ETF saw smaller inflows totaling $640,000 (approximately KRW 0.9 billion). The data indicates selective investor confidence in certain altcoins, with Bitcoin remaining the dominant driver of ETF inflows.

Short-term technical signals indicate potential volatility, with Bitcoin facing resistance at $70,000 and support near $68,500. Mid- to long-term fundamentals remain positive, driven by structural demand through ETFs and Bitcoin’s dominant 56.25% market share. Analysts suggest that holding key support levels could set the stage for a broader market rally, while a breach may lead to further downside risk.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.