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Crypto Markets Record Onchain Commodity Volume as ETFs See $296.18 Million Outflows

Crypto Markets Record Onchain Commodity Volume as ETFs See $296.18 Million Outflows

According to the report, U.S. spot Bitcoin ETFs saw $296 million in weekly net outflows, ending a four-week inflow streak as geopolitical risk and investor caution weighed on fund flows.

BTC

Fact Check
The specific figures for both the Bitcoin ETF outflows ($296.18 million) and the on-chain commodity volume ($5.4 billion on Hyperliquid) are corroborated by multiple independent news reports citing primary data providers like SoSoValue. The timing of the events (late March 2026) matches the provided context.
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Summary

U.S. spot Bitcoin ETFs recorded about $296 million in net weekly outflows, ending a four-week inflow streak. The latest update adds that March 27 alone accounted for $225.5 million in withdrawals, with BlackRock’s IBIT posting the largest single-day outflow at $201.5 million. The report said the reversal in fund flows was linked to geopolitical risk and clearer investor risk aversion.

Terms & Concepts
  • ETF: An exchange-traded fund that trades on stock exchanges and gives investors exposure to an underlying asset without directly holding it.
  • spot Bitcoin ETFs: Exchange-traded funds designed to track Bitcoin’s market price through direct Bitcoin holdings rather than futures contracts.
  • IBIT: BlackRock’s iShares Bitcoin Trust, a U.S. spot Bitcoin ETF that gives investors regulated exposure to Bitcoin through a fund structure.