Bitcoin ETFs Rebound With $167 Million Inflow While Ether, XRP See Outflows

Crypto Funds Start Week Mixed as Altcoin Funds Slide

The week began with a familiar pattern in the crypto exchange-traded fund (ETF) market, with bitcoin attracting capital while the broader field struggled to keep pace.

Spot bitcoin ETFs returned to positive territory with $167.03 million in net inflows, reversing the outflow streak seen at the end of last week. The gains were driven primarily by Blackrock’s IBIT, which pulled in $109.31 million. Fidelity’s FBTC followed closely with $60.09 million, while Vaneck’s HODL contributed an additional $4.87 million.

Not all funds joined the rally. Bitwise’s BITB recorded a $4.49 million outflow, and Ark & 21Shares’ ARKB saw $2.74 million exit. Even so, strong inflows into the leading funds kept the category firmly in the green. Total trading activity reached $3.91 billion, with net assets ending at $88.34 billion.

Ether funds moved in the opposite direction. Spot ether ETFs posted a $51.32 million net outflow, largely driven by a significant $55.14 million withdrawal from Blackrock’s ETHA. Grayscale’s ETHE also recorded $13.41 million in outflows, adding to the downward pressure.

There were a few pockets of demand. Fidelity’s FETH attracted $16.22 million, while 21Shares’ TETH added $1.01 million. However, the inflows were not enough to offset the larger redemptions. Trading volume across ether ETFs reached $951.42 million, while net assets closed at $11.53 billion.

Altcoin ETF flows were also negative. XRP ETFs saw $18.11 million in net outflows, with redemptions spread across four funds. Grayscale’s GXRP lost $5.86 million, Franklin’s XRPZ saw $4.46 million exit, 21Shares’ TOXR shed $4.27 million, and Bitwise’s XRP recorded $3.52 million in outflows. Trading activity stood at $9.84 million, leaving net assets at $971.36 million.

Meanwhile, solana ETFs experienced a smaller $2.48 million net outflow. The decline was mainly driven by Vaneck’s VSOL, which lost $1.98 million, and Fidelity’s FSOL, which recorded $506.15K in outflows. Total value traded reached $38.10 million, while net assets settled at $814.37 million.

In summary, Monday’s session reflected a divided crypto ETF market. Bitcoin funds returned to inflows with strong support from major issuers. At the same time, ether, XRP, and solana ETFs struggled with redemptions, highlighting a market where capital continues to concentrate primarily in Bitcoin exposure.

FAQ📊

• Why did bitcoin ETFs return to inflows on March 9?
  Bitcoin ETFs attracted $167.03 million in inflows largely due to strong institutional demand for Blackrock’s IBIT and Fidelity’s FBTC, which together accounted for most of the day’s positive flows.
• Which ether ETF recorded the largest outflow?
  Blackrock’s ETHA experienced the largest ether ETF withdrawal with $55.14 million leaving the fund, contributing heavily to the sector’s $51.32 million net outflow.
• How did XRP ETFs perform during the trading session?
  XRP ETFs posted $18.11 million in net outflows, with losses spread across four funds, including Grayscale’s GXRP, Franklin’s XRPZ, 21Shares’ TOXR, and Bitwise’s XRP.
• Did solana ETFs also see investor withdrawals?
  Yes, solana ETFs recorded a $2.48 million net outflow, mainly driven by redemptions from Vaneck’s VSOL and Fidelity’s FSOL during the session.