Spot Bitcoin ETFs See $296M Outflows as Investors Avoid Directional Risk

Spot Bitcoin ETFs ended a four-week inflow streak, posting $296.18 million in net outflows for the week ending Friday. This follows consecutive weekly inflows totaling over $2.2 billion, including $787.31 million, $568.45 million, and $767.33 million earlier in March, before slowing to $95.18 million the prior week, according to SoSoValue data.

Daily withdrawals on Thursday and Friday exceeded $396 million, with Friday alone seeing $225.48 million, the largest single day redemption since March 3. Despite this reversal, cumulative net inflows into spot Bitcoin ETFs remain $55.93 billion, while total net assets dropped to $84.77 billion from over $90 billion a week earlier. Weekly trading volume also declined to $14.26 billion from $25.87 billion in early March.

Macro Uncertainty Drives Investor Caution

Analysts note that while geopolitical and macro risks have temporarily eased, underlying instability persists. Bitcoin remains range bound between $65,000 and $72,000, reflecting liquidity absorption but limited upside momentum. Investors appear unwilling to take directional risk, keeping capital sidelined despite stable price levels.

Ethereum ETFs Continue Outflow Trend

Spot Ether ETFs also recorded $206.58 million in weekly outflows, marking a second straight week of declines. Daily withdrawals since March 18 highlight ongoing cautious sentiment, with Thursday’s $92.54 million outflow as the largest single-day loss. Analysts suggest this pattern reflects broader risk-averse behavior in crypto markets amid unresolved macro and geopolitical factors.

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.