The U.S. Bitcoin spot ETF market has seen capital outflows for four consecutive weeks."
On March 9, it was reported that the U.S. Bitcoin spot ETF market experienced capital outflows for four consecutive weeks. According to Farside Investors, the largest weekly outflows from ETFs for the week ending March 7 included a net outflow of $201 million from Fidelity Smart Origins Bitcoin Fund (FBTC), six consecutive weeks of outflows. ARK21 Shares Bitcoin ETF (ARKB) had a net outflow of $163.5 million. iShares Bitcoin Trust (IBIT) net outflow of $129.6 million. Weak demand disrupted the balance of supply and demand for Bitcoin as institutional investors withdrew, causing Bitcoin to fall 8.76% in the past week.
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