Spot crypto ETFs see $263M outflows as BlackRock sells $42M BTC and $142M ETH

U.S. spot crypto ETFs recorded about $263M in outflows on March 26, 2026, extending a broader selloff pattern seen earlier (Feb 19: ~$284.7M). BlackRock led the pressure, selling around $42M in Bitcoin (BTC) and nearly $142M in Ethereum (ETH). Other issuers joined the ETF outflows. Fidelity cut exposure by about 479 BTC (~$32.81M) and 11,710 ETH (~$23.95M). Grayscale disposed of roughly 446 BTC (~$30.51M) and 9,790 ETH (~$20.04M). Bitwise and ARK 21Shares also reduced positions, while VanEck’s BTC outflows were smaller. Spot crypto ETFs outflows aligned with market weakness: BTC traded near $68,624 (down ~2.0% on the day), and analysts warned that losing the weekly open near $67,900 could drag prices toward ~$65,000. ETH slipped to about $2,062 (down ~2.7%). Lookonchain added that an Ethereum ICO participant sold 11,552 ETH (~$23.42M). The selloff triggered liquidations. Lookonchain reported trader Machi (@machibigbrother) had BTC and ETH longs fully liquidated, with cumulative losses around $30.75M, then opened a new 25x long on 1,600 ETH. Altcoin results were mixed despite the overall outflows: SOL ETFs saw about -$1.04M, while LINK ETFs posted small inflows (~+$156.78K). LTC, DOGE, DOT, HBAR, and AVAX recorded zero flows.