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Crypto Investment Outflows Near $3B Following Historic $29B Inflow Streak

Crypto Investment Outflows Near $3B Following Historic $29B Inflow Streak

CCNCCN2025/03/02 16:00
By:CCN
Key Takeaways
  • Bitcoin ETFs command $95.38 billion in BTC, representing 5.71% of its market cap.
  • BTC is trading up 7.74% at $92,611 after falling below $80,000 on Feb. 28, 2025.
  • ETH jumped up 4.78%, but it remains in a downtrend, having declined 31.13% for the past 265 days.

Digital asset investments saw a record-setting $2.9 billion in outflows last week following a major Bitcoin (BTC) price correction after weeks of remarkable inflows and price gains.

After bottoming out at $78,000, Bitcoin and the broader crypto market appear to be stabilizing, but will institutional investors return this week?

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Historic Outflows

As per the latest CoinShares report , crypto asset investment products posted their third consecutive week of outflows, shedding a record-setting $2.9 billion in exits amid rocky market conditions.

The report notes there were several factors contributing to the overwhelming outflows, namely the $1.5 billion Bybit hack , the current hawkish outlook from the U.S. Federal Reserve , and the $29 billion 19-week inflow streak that preceded such significant outflows.

CoinShares highlights that the price of Bitcoin and profit-taking from Bitcoin exchange-traded funds (ETFs) were the main drivers behind the outflows.

However, it’s worth noting that Ethereum (ETH) products also suffered record outflows of around $300 million.

In addition, Solana (SOL) and Ton (TON) posted $7.4 million and $22.6 million in outflows, respectively.

Bitcoin ETFs

As noted by CoinShares, Bitcoin ETF outflows accounted for a vast majority of last week’s historic figures.

According to SoSoValue, BTC ETFs posted a whopping $2.61 billion in net outflows for the week ending Feb. 28, 2025.

Crypto Investment Outflows Near $3B Following Historic $29B Inflow Streak image 0 Weekly Bitcoin ETF flows. | Source: SoSoValue

Last week, analysts predicted that BTC  could tumble to as low as $77,000 as major investors seek to scoop profits following an incredible bull run.

This prediction appears to have come true, and as BTC’s price fell under $90,000, ETF investors began pulling out en masse.

Bitcoin’s price bottomed out at around $78,000 on Feb. 28 and has since recovered substantially.

Now trading above $92,000, all eyes remain locked on BTC’s price direction this week.

Interestingly, BTC ETFs closed out the week with a positive daily flow of $94.34 million the day its price hit that $78,000 low.

This officially ended an eight-day outflow streak, though it remains to be seen if investors are once again clamoring for BTC ETFs now that it’s returned to more favorable price levels.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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