Crypto ETF Week — Mar 23–27, 2026: net -$495.6M
The week of March 23–27, 2026, saw significant outflows in the crypto ETF market, with a total net flow of -$495.6M. Key assets BTC and ETH faced the largest withdrawals.
TL;DR
- Net flow: -$495.6M
- Total inflows: +$201.9M
- Total outflows: -$697.7M
- Strongest day: Mar 23 (+$151.0M) · Weakest day: Mar 27 (-$277.2M)
Weekly Overview
During the week of March 23–27, 2026, the net flows into spot crypto ETFs were negative, totaling -$495.6M. The majority of the activity was concentrated in BTC and ETH, which accounted for significant outflows despite some inflows into SUI, XRP, and LINK.
Flows by Asset
BTC
Net: -$296.3M / Inflow: +$46.9M / Outflow: -$343.2M
| Fund | Flow |
|---|---|
| BlackRock | -$158.0M |
| Bitwise | -$68.3M |
| Grayscale | -$51.0M |
| 21Shares | -$50.1M |
| Fidelity | +$46.9M |
| VanEck | -$10.3M |
| Grayscale BTC | -$5.5M |
ETH
Net: -$206.4M / Inflow: +$142.2M / Outflow: -$348.6M
| Fund | Flow |
|---|---|
| BlackRock | -$285.1M |
| BlackRock ETHB | +$141.1M |
| Grayscale ETH | -$24.9M |
| Fidelity | -$16.5M |
| Grayscale | -$15.5M |
| Bitwise | -$6.6M |
| 21Shares | +$1.1M |
SUI
Net: +$8.8M / Inflow: +$8.8M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$8.8M |
SOL
Net: -$4.4M / Inflow: +$1.5M / Outflow: -$5.9M
| Fund | Flow |
|---|---|
| Bitwise | -$4.8M |
| Franklin | +$1.5M |
| Fidelity | -$0.8M |
| VanEck | -$0.3M |
XRP
Net: +$1.9M / Inflow: +$1.9M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$1.9M |
LINK
Net: +$0.8M / Inflow: +$0.6M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$0.6M |
Daily Breakdown
| Date | Net flow |
|---|---|
| Mar 23 | +$151.0M |
| Mar 24 | -$109.5M |
| Mar 25 | +$0.2M |
| Mar 26 | -$260.1M |
| Mar 27 | -$277.2M |
Biggest Fund Moves
Largest inflows
- BlackRock ETHB (ETH): +$141.1M
- Fidelity (BTC): +$46.9M
- Grayscale (SUI): +$8.8M
- Bitwise (XRP): +$1.9M
- Franklin (SOL): +$1.5M
Largest outflows
- BlackRock (ETH): -$285.1M
- BlackRock (BTC): -$158.0M
- Bitwise (BTC): -$68.3M
- Grayscale (BTC): -$51.0M
- 21Shares (BTC): -$50.1M
Market Interpretation
Institutional positioning showed a clear trend of capital withdrawal, particularly from BTC and ETH, with both assets experiencing large outflows of -$296.3M and -$206.4M, respectively. The best day of inflow was March 23 with +$151.0M, but this was followed by consecutive days of negative flows, culminating in a worst day on March 27, which saw -$277.2M leave the market. This suggests a significant shift in investor sentiment, with a rotation away from major assets.
Conclusion
As the week closed, the net figure stood at -$495.6M, indicating a substantial outflow from the crypto ETF market. The data reflects a period of considerable volatility and investor caution.