US Spot Bitcoin ETFs Experience $228 Million Net Outflow as Bitcoin Drops Below $71,000
Despite a $228 million net outflow on Thursday, US-listed Bitcoin ETFs maintained strong weekly inflows, with total assets under management remaining above $90 billion.
BTC
Fact Check
Multiple financial news outlets (crypto.news, CoinDesk, Odaily) reported significant net inflows into US-listed spot ETFs for Bitcoin, Ethereum, and Solana on March 5, 2026. The specific data points (5,187 BTC, 43,282 ETH, and 205,711 SOL) are consistently cited across reports referencing on-chain data providers like ChainCatcher and Lookonchain.
Summary
US-listed spot Bitcoin ETFs recorded a $228 million net outflow on Thursday as Bitcoin fell below $71,000, ending a three-day streak of $1.1 billion in inflows. iShares led with an $89 million outflow, followed by Fidelity and Bitwise funds. Despite this, the total weekly inflow stood at $917 million, maintaining assets under management (AUM) above $90 billion.
Terms & Concepts
- Spot Bitcoin ETF: An exchange-traded fund that directly tracks the price of Bitcoin, providing investors exposure to the cryptocurrency without requiring them to hold it directly.
- Assets Under Management (AUM): The total market value of assets that an investment firm manages on behalf of clients or investors.