Bitcoin Spot ETFs Log $93M Outflow, First Daily Pullback in Over 10 Days

In Brief:

Total outflows reached $93.16 million on March 28.

Fidelity’s FBTC accounted for the entire net outflow.

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Bitcoin spot ETFs recorded a combined net outflow of $93.16 million on March 28, marking the first daily pullback after over ten consecutive days of inflows. According to SoSoValue, Fidelity’s FBTC was the only ETF with a significant change, registering the full outflow for the day.

Despite the drop, FBTC maintains a strong historical total net inflow of $11.469 billion. As of writing, the total net asset value across all U.S. Bitcoin spot ETFs is $94.388 billion. This represents 5.68% of Bitcoin’s total market capitalization, while cumulative historical net inflows stand at $36.245 billion.

ETF flow trends continue to serve as a key signal for institutional sentiment toward Bitcoin.

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