Skip to content
Net flow Wed 21 Oct:+$556.5MCumulative:+$75.3BNAV:$129.7BCEFI:60 · GreedFunds:58Assets:16
data for Wed 21 Oct · published Thu 22 Oct 05:48 UTC · T+1
App

Monthlydata for Sat 1 Mar – Mon 31 Mar · published Tue 1 Apr 06:30 UTC · By CryptoETF

Crypto ETF Month — March 2025: net -$1.2B

March 2025 saw significant net outflows from spot crypto ETFs, with BTC and ETH being the only tracked assets. Total net outflows reached -$1.2B.

Net flow, all assetsOutflow−$1.20Bdata for Sat 1 Mar – Mon 31 Mar

Moved most:Bitcoin-$801.2MEthereum-$389.0M

Contents · 8 sections
  1. TL;DR
  2. Net flows by day
  3. Flows by asset and fund
  4. Monthly Overview
  5. Weekly Breakdown
  6. Biggest Fund Moves
  7. Market Interpretation
  8. Conclusion
Share

Net flows by day

DateNet flow
Mon 3 Mar−$86.3M
Tue 4 Mar−$128.9M
Wed 5 Mar−$101.6M
Thu 6 Mar−$144.3M
Fri 7 Mar−$432.4M
Mon 10 Mar−$410.0M
Tue 11 Mar−$417.9M
Wed 12 Mar+$3.0M
Thu 13 Mar−$217.0M
Fri 14 Mar−$5.6M
Mon 17 Mar+$267.3M
Tue 18 Mar+$156.3M
Wed 19 Mar+$0.1M
Thu 20 Mar+$153.2M
Fri 21 Mar+$64.5M
Mon 24 Mar+$79.7M
Tue 25 Mar+$23.5M
Wed 26 Mar+$83.7M
Thu 27 Mar+$77.5M
Fri 28 Mar−$90.2M
Mon 31 Mar−$64.8M
Total Net Flow−$1.20B

Flows by Asset

Sat 1 Mar – Mon 31 Mar · as published in this issue

Flows dashboard

Largest inflows

BlackRock (BTC)+$256.9M
Grayscale BTC (BTC)+$65.2M
VanEck (BTC)+$13.5M
Bitwise (ETH)+$2.4M

Largest outflows

Fidelity (BTC)-$285.1M
Grayscale (BTC)-$230.5M
BlackRock (ETH)-$200.9M
Asset / fundNet flow
Bitcoin BTCinflows +$335.6M · outflows -$1.1B-$801.2M
Fidelity FBTC-$285.1M
BlackRock IBIT+$256.9M
Grayscale GBTC-$230.5M
Valkyrie BRRR-$124.6M
21Shares ARKB-$116.2M
Franklin EZBC-$115.3M
WisdomTree BTCW-$94.5M
Bitwise BITB-$85.5M
Invesco BTCO-$85.1M
Grayscale BTC+$65.2M
VanEck HODL+$13.5M
Ethereum ETHinflows +$2.4M · outflows -$391.4M-$389.0M
BlackRock-$200.9M
Grayscale ETHE-$91.5M
Fidelity FETH-$56.9M
Grayscale ETH-$34.5M
21Shares TETH-$5.0M
Bitwise ETHW+$2.4M
Franklin EZET-$1.4M
VanEck ETHV-$0.8M
Invesco QETH-$0.4M

Fund names and figures as published in this issue.

Monthly Overview

In March 2025, net flows into spot crypto ETFs were negative, with a total net outflow of -$1.2B. Only two assets tracked, BTC and ETH, recorded flows this month, with BTC dominating the outflows.

Weekly Breakdown

WeekNet flow
Mar 3 – Mar 7-$893.5M
Mar 10 – Mar 14-$1.0B
Mar 17 – Mar 21+$641.4M
Mar 24 – Mar 28+$174.2M
Mar 31-$64.8M

Biggest Fund Moves

Largest inflows

Largest outflows

  • Fidelity (BTC): -$285.1M
  • Grayscale (BTC): -$230.5M
  • BlackRock (ETH): -$200.9M
  • Valkyrie (BTC): -$124.6M
  • 21Shares (BTC): -$116.2M

Market Interpretation

BTC experienced significant outflows totaling -$801.2M, driven by large withdrawals from funds like Fidelity and Grayscale. ETH saw smaller outflows of -$389.0M, with notable losses from BlackRock. The best day for inflows was March 17, with +$267.3M, suggesting some recovery, while the worst day was March 7, indicating severe capital withdrawal pressure.

Conclusion

March concluded with a substantial net outflow of -$1.2B, reflecting a challenging month for spot crypto ETFs. The data highlights a trend of capital exiting the market, particularly from BTC.

Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.

Ask AI about this issue

The question opens in the AI assistant; nothing is sent until you press Send. Five questions a day, free.

Crypto ETF flows by asset, Sat 1 Mar – Mon 31 Mar

Flows dashboard