Crypto Market Bleeds: Bitcoin, Ethereum Face Record Outflows
March 17, 2025
The crypto market is reeling as digital asset investment products suffer their longest streak of outflows in a decade. CoinShares reports that funds have exited for 17 consecutive days, marking five straight weeks of declines. Total losses over this period have reached a staggering $6.4 billion.
Bitcoin has borne the brunt, with investors pulling out $5.4 billion in five weeks. Last week alone, the top cryptocurrency lost $978 million, primarily from spot Bitcoin ETFs. BlackRock’s IBIT saw $401 million in outflows, Fidelity’s ETF lost $317 million, and 21Shares AG ETF recorded a $534 million withdrawal. Ethereum also faced steep losses, with $175 million exiting over the same period.
Solana lost $2.2 million, while XRP and Cardano (ADA) saw rare inflows. XRP led with $1.8 million, while ADA gained a modest $0.2 million. Despite these slight inflows, the overall crypto market sentiment remains bearish, with last week’s outflows alone totaling $1.7 billion.
This sustained sell-off highlights growing investor concerns amid macroeconomic uncertainty and shifting market dynamics. Bitcoin and Ethereum remain under pressure as capital continues to exit digital assets, making this one of the most significant outflow streaks in crypto history.
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