US Bitcoin spot ETF market has experienced capital outflows for four consecutive weeks

According to PANews on March 9, according to Jinshi, the US Bitcoin spot ETF market has experienced capital outflows for four consecutive weeks. Farside Investors data shows that in the week ending March 7, the largest single-week capital outflows of ETFs include: Fidelity Smart Origin Bitcoin Fund (FBTC) net outflows of US$201 million, for 6 consecutive weeks. ARK 21Shares Bitcoin ETF (ARKB) net outflow of $163.5 million. iShares Bitcoin Trust (IBIT) has a net outflow of $129.6 million. As institutional investors withdraw, weak demand disrupts Bitcoin’s supply and demand balance, causing Bitcoin to fall 8.76% in the past week.