Crypto ETF Sell-Off: What Happened to Bitcoin and Ethereum Funds?

The crypto market has been struggling, and Bitcoin and Ethereum ETFs have seen massive withdrawals.

Last week, over $1.2 billion was pulled from ETFs in the U.S., Switzerland, and Canada. Including other digital asset products, total outflows hit $1.7 billion. In the past five weeks, investors have withdrawn more than $6.4 billion.

Bitcoin ETFs Lose Nearly $1 Billion in the U.S.

According to CoinShares, crypto investment funds have seen 17 straight days of outflows, the longest streak since 2015. Due to falling prices and continuous withdrawals, total digital asset investments have dropped by $48 billion.

U.S. spot Bitcoin ETFs alone lost $980 million.

BlackRock’s IBIT saw the biggest withdrawal, losing $383 million.

Fidelity’s FBTC followed with $316 million in outflows.

ETFs from Grayscale, Ark Invest, and WisdomTree also faced significant losses.

Between March 10–14, Bitcoin ETFs had only one day of inflows, but they weren’t enough to make up for the losses. Many funds saw two full days with no inflows at all, highlighting the ongoing uncertainty in the market.

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