The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks
The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks. According to Farside Investors, the largest weekly outflows from ETFs in the week ending March 7 included: Fidelity Smart Origin Bitcoin Fund (FBTC) had a net outflow of $201 million, which was six consecutive weeks of outflows. ARK 21Shares Bitcoin ETF (ARKB) had a net outflow of $163.5 million. iShares Bitcoin Trust (IBIT) had a net outflow of $129.6 million. As institutional investors withdrew, weak demand disrupted the supply and demand balance of Bitcoin, causing Bitcoin to fall 8.76% in the past week.