Bitcoin Spot ETFs Face $409M Outflow for Fifth Consecutive Day
Bitcoin spot ETFs see $409M net outflow on March 7, marking five consecutive days of decline. VanEck's HODL ETF leads inflows.
- Bitcoin spot ETFs recorded a $409 million net outflow on March 7.
- VanEck’s HODL ETF had the highest single-day inflow of $619,600.
- Ethereum spot ETFs also saw a $23.1 million net outflow.
According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $409 million on March 7, marking five consecutive days of negative movement. This trend highlights ongoing investor caution in the crypto ETF market, with continuous capital moving out of Bitcoin investment products.
Despite the overall outflow, VanEck’s Bitcoin spot ETF (HODL) stood out by recording a modest single-day net inflow of $619,600, indicating some investor interest. However, this inflow was not enough to offset the broader market decline.
Ethereum Spot ETFs Also Experience Decline
Ethereum spot ETFs were not spared from the downturn, recording a total net outflow of $23.1 million on the same day. This highlights a wider trend of reduced investment appetite in cryptocurrency ETFs, possibly due to market volatility, regulatory concerns, or macroeconomic conditions affecting investor sentiment.
According to SoSoValue data, on March 7, Eastern Time, the total net outflow of Bitcoin spot ETFs was $409 million, marking five consecutive days of net outflows. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the VanEck ETF HODL, with a single-day net…
— Wu Blockchain (@WuBlockchain) March 8, 2025
What’s Driving the Outflows?
Several factors may be contributing to these persistent outflows. Market uncertainty, profit-taking after recent price surges, or anticipation of further price corrections could be influencing investor decisions. Additionally, regulatory developments and macroeconomic factors like interest rates and inflation could be playing a role in shaping investor sentiment.
As the trend continues, investors will be watching closely to see if Bitcoin and Ethereum ETFs regain inflows or if further capital exits indicate a more prolonged bearish sentiment in the crypto investment space.
