PANews reported on March 9 that according to Jinshi, the U.S. Bitcoin spot ETF market has seen capital outflows for four consecutive weeks. According to Farside Investors data, the largest single-week outflows of 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.
The U.S. Bitcoin spot ETF market has seen outflows for four consecutive weeks
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