Bitcoin-based exchange-traded funds (ETFs) experienced significant outflows, totaling $134 million on March 6.
This marks the fourth consecutive day of withdrawals, signaling a retreat from digital asset funds.
In addition to Bitcoin, Ethereum ETFs also saw a decline, with a net outflow of $35.89 million.
This pattern of investor pullback is raising concerns about market volatility and economic uncertainties, including Bitcoin price fluctuations and regulatory changes.
While recent outflows indicate caution among institutional investors, experts believe that this could be part of a broader market correction rather than a permanent shift.
Many analysts remain optimistic about the long-term potential of crypto ETFs, awaiting to see if the trend reverses in the near future.
Bitcoin could be on the verge of another major breakout as institutional inflows return to levels that historically trigger rapid price acceleration.
According to on-chain analyst Darkfost, Bitcoin is entering a new stage of on-chain behavior marked by two key developments: a rare third peak in the SOPR Trend Signal during a single bull cycle and a sustained outflow dominance in exchange flows.
According to the latest Santiment report, the crypto market is entering a critical phase, with a mix of bullish on-chain signals and cautionary sentiment indicators.
In a stunning on-chain event that has reignited curiosity across the crypto community, more than $8.6 billion worth of Bitcoin linked to the network’s earliest years—commonly referred to as the “Satoshi era”—was quietly moved on Friday in what analysts believe is the largest single transfer of early-mined BTC ever recorded.