U.S. Spot Bitcoin ETFs Record $348.9M Outflow, Ethereum Products Shed $82.9M on March 7
U.S. spot Bitcoin ETFs posted a combined net outflow of $348.9 million on March 7, Farside Investors data show. Fidelity's FBTC saw $158.5 million in outflows, while BlackRock's IBIT recorded $143.5 million, with additional exits from Bitwise BITB ($22.2 million), ARK ARKB ($4.5 million), VanEck HODL ($5.8 million), Grayscale GBTC ($9.6 million) and Grayscale Mini BTC ($4.8 million). U.S. Ethereum spot ETFs recorded a net outflow of $82.9 million the same day, including $67.6 million from Fidelity FETH, $4.8 million from BlackRock ETHA, $2.9 million from VanEck ETHV, $1.6 million from Grayscale ETHE and $6 million from Grayscale Mini ETH.