Bitcoin ETFs Lead $2.9 Billion Crypto Outflow: What to Expect?

Bitcoin ETF investors pulled out $2.59 Billion last week, bearing the brunt of the weaker market sentiment as per Coinshares report.

Bitcoin ETF investors pulled out a record $2.59 Billion last week, part of a massive $2.9 Billion exit from digital asset investment products, CoinShares reported.

This marks the third straight week of outflows, totaling $3.8 Billion over three weeks. The outflows follow a 19-week inflow streak of $29 Billion, suggesting profit-taking after a bull run.

Bitcoin’s price dipped to $78,000 on February 28, 2025, before recovering above $92,000 by March 3, 2025.

The Bybit hack and the Federal Reserve’s hawkish stance likely spooked investors, adding to the outflow pressure.

Bitcoin ETF Lead $2.9 Billion Crypto Outflow Storm

As of Monday, March 3, 2025, the cryptocurrency market is reeling from a record-breaking outflow from digital asset investment products, with Bitcoin ETF investors leading the charge.

According to the latest report from CoinShares, digital asset investment products saw a third consecutive week of outflows, marking the largest weekly total on record at $2.9 Billion, bringing the three-week total to $3.8 Billion.

This follows a remarkable 19-week inflow streak totaling $29 Billion, highlighting a sharp shift in investor sentiment.

Bitcoin ETF outflows alone hit $2.59 Billion last week, with minor inflows into short bitcoin positions totaling $2.3 Million.

The report attributes this to several factors, including the recent Bybit hack, a more hawkish outlook from the U.S. Federal Reserve, and profit-taking following the prolonged bull run.

The outflows come amid a volatile period for Bitcoin, which bottomed out at approximately $78,000 on February 28, 2025, before recovering to trade above $92,000 by March 3, 2025, according to market data.

The $1.5 Billion Bybit hack, a major security breach, likely spooked investors, while the Federal Reserve’s hawkish stance, signaling tighter monetary policy, added pressure.

The end of the $29 Billion, 19-week inflow streak, as reported by CoinShares, suggests investors are cashing in profits, contributing to the outflow storm.

This context explains the shift from bullish to cautious sentiment, with Bitcoin ETF investors leading the exit.

Regional Breakdown: U.S. Leads, Germany Bucks Trend

Regionally, the outflows were most notable in the United States, with $2.87 Billion exiting digital asset investment products, followed by Switzerland with $73 Million and Canada with $16.9 Million, per CoinShares.

However, German investors saw this as an opportunity, injecting $55.3 Million into the market, likely buying on price weakness.

Other Assets: Mixed Performances

Other digital assets didn’t escape the negative sentiment. Ethereum investment products saw record weekly outflows of $300 Million. Solana and Ton experienced outflows of $7.4 Million and $22.6 Million, respectively.

Surprisingly, Sui was the best performer with $15.5 Million in inflows, followed by Ripple (XRP) with $5 Million, bucking the trend amid the broader market retreat, per CoinShares data.

Blockchain equities also saw $25.3 Million in outflows, reflecting the sector-wide caution, as noted in the report.