The US BTC and ETH spot ETFs saw a cumulative net outflow of $219 million on Wednesday
On March 19, according to the latest data from Farside, the US BTC spot ETF recorded a net outflow of nearly $164 million yesterday, marking the first day of total net outflow for the week; there was no BTC ETF that saw net inflows on that day;
Among them, Fidelity's FBTC and BlackRock's IBIT topped the list of net outflows yesterday with nearly $104 million and $33.9 million, respectively;
Next were Grayscale's GBTC and Bitwise's BITB, which recorded single-day net outflows of $18.8 million and $7 million, respectively;
On the same day, the US Ethereum spot ETF also recorded a total net outflow of $55.7 million, marking its first day of total net outflow for the week; there were also no ETH ETFs with net inflows on that day;
Among them, Fidelity's FETH and Grayscale's ETHE recorded single-day net outflows of $37.1 million and $8.9 million, respectively;
Next were VanEck's ETHV, Bitwise's ETHW, and BlackRock's ETHA, which had single-day net outflows of $4.8 million, $4.7 million, and $1.3 million, respectively;
In summary, influenced by the Federal Reserve's decision to maintain interest rates, the US BTC and ETH spot ETFs ended a streak of over a week of net inflows, with a cumulative net outflow of $219 million on Wednesday.
This comprehensive capital withdrawal seems to reflect that, in the absence of any easing in monetary policy, market risk aversion has quickly intensified, and investors are accelerating their exit from risk assets. It is recommended that market speculators avoid blindly leveraging and remain cautiously observant.