In the last 5 trading sessions, investors have withdrawn a total of approximately $1.82 billion from US-based Bitcoin and Ether spot ETF funds as market sentiment continues to worsen following a sharp rally in precious metals.
Specifically, from Monday to Friday, spot Bitcoin ETFs experienced net outflows of up to $1.49 billion, while Ether spot ETFs saw net withdrawals of $327.1 million, according to data from Farside. The capital outflows occurred alongside a weakening trend of the two largest cryptocurrencies in the market, despite recent short-term recovery signals. Over the past 7 days, Bitcoin has decreased by 6.55% to around $83,000, while Ether lost 8.99%, retreating to approximately $2,685, according to TradingView.
BTC/USDT chart 4-hour frame | Source: TradingView
Previously, Bitcoin had surged about 7% over two days just before January 15, driven by rumors surrounding the US CLARITY Act. However, this enthusiasm quickly cooled down.
Notably, during this brief bullish period, Bitcoin ETF recorded its strongest capital inflow since early 2026 on January 14, with an influx of $840.6 million. This development occurred just before the Crypto Fear & Greed Index — a measure of overall market sentiment — soared to its highest level since the beginning of the year, reaching a “Greed” score of 61 points.
Pessimistic views on Bitcoin are “short-sighted,” according to ETF experts
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The whale "pension-usdt.eth" has increased its Bitcoin long position to 1,000 coins, with a holding value of nearly $67 million.
Gate News Report, March 8 — According to HyperInsight monitoring, the swing whale "pension-usdt.eth" continued to increase its Bitcoin long positions this morning. As of press time, its Bitcoin long positions have increased to over 1,000 coins, with a holding value of nearly $67 million, currently with an unrealized loss of $460,000.
GateNews23m ago
Crude oil prices break through $90! A weekly surge of 35%. Middle Eastern energy supply chain disruption, UAE and Kuwait announce production cuts
Oil tanker flows through the Strait of Hormuz are nearly at a standstill, causing U.S. WTI crude oil prices to surge 35% within a week. Taiwan's CPC is about to raise gasoline prices by 1.5 yuan. Multiple oil-producing countries have initiated production cuts to respond to supply shocks. If the blockade continues, oil prices could reach $150, impacting the global economy and inflation pressures.
動區BlockTempo50m ago
BTC drops 0.71% in 15 minutes: Weak macro data and miner sell-off resonate, increasing selling pressure
2026-03-08 02:45 to 03:00 (UTC), Bitcoin (BTC) price candlestick data shows a 15-minute return of -0.71%, with the lowest at 66,837.0 USDT and the highest at 67,402.7 USDT, with an amplitude of 0.84%. Short-term volatility has attracted market attention, with on-chain risk signals rising to 0.84, above the historical average, indicating cautious investor sentiment and increased market fluctuations.
The main driver of this anomaly is the US February employment data, which significantly underperformed expectations, with a sharp decrease in new jobs and the unemployment rate rising to 4.4%, combined with the US
GateNews1h ago