- U.S. spot Bitcoin ETFs hold $98.48 billion in net assets, representing 5.71% of BTC’s market cap.
- Over the past month, crypto investment products saw $4.75 billion in outflows, with U.S. investors leading the sell-off.
- BTC is down 14.63%, trading at $79,675, while ETH is down 3.97% at $2,025.
Crypto investment products continued their fourth consecutive week of outflows, with another $876 million exiting the market as of March 7, 2025, according to CoinShares .
Although this is a sizeable decline from the record $2.9 billion in outflows the previous week, the overall trend remains decidedly bearish, bringing the 30-day total to $4.75 billion.
Bitcoin Leads the Sell-Off
Bitcoin (BTC) accounted for the largest share of outflows, with $756 million withdrawn. Even short-Bitcoin products saw $19.8 million in outflows, a sign that traders may be approaching capitulation.
Regionally, U.S. investors were the most bearish, pulling $922 million from the market. In contrast, Swiss, Canadian, and German investors added a combined $51 million, seemingly buying the dip.
Aside from BTC, Ethereum (ETH) saw roughly $89 million in net outflows. Notably, U.S. spot ETH exchange-traded funds (ETFs) recorded $119.83 million in weekly outflows.
Though these outflows appear to have been offset by inflows from other areas—U.S. spot crypto ETF flows continue to influence weekly figures.
Among altcoins, Tron (TRX) saw $32 million in outflows, while Aave (AAVE) lost $2.4 million. Solana (SOL), Ripple (XRP), and Sui (SUI) saw outflows of $16.4 million, $5.6 million, and $2.7 million, respectively.
Bitcoin ETFs Drive Market Weakness
The prolonged outflows have been largely driven by U.S. spot Bitcoin ETFs, which saw $409.21 million in net outflows on March 7 alone, bringing the week’s total to $799.39 million.
After failing to retake $90,000—and despite Donald Trump signing an Executive Order to establish a Strategic Bitcoin Reserve, markets were displeased, and BTC’s price slid into the $85,000 region.
It’s since fallen further and is currently trading at $79,809. Arguably, this could represent a solid moment to hoover up BTC at a discount—the weeks-long outflows and overwhelming bearish sentiment could see further outflows this week.
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