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

Published: 2026-03-27 07:43:50 |

U.S. spot crypto ETFs dem record about $263M wey comot out on March 26, 2026, extending the wider selloff wey don dey earlier (Feb 19: ~ $284.7M). BlackRock lead the pressure, dem sell about $42M worth Bitcoin (BTC) and near $142M worth Ethereum (ETH). Other issuers join the ETF outflows too. Fidelity reduce exposure by about 479 BTC (~$32.81M) and 11,710 ETH (~$23.95M). Grayscale clear about 446 BTC (~$30.51M) and 9,790 ETH (~$20.04M). Bitwise and ARK 21Shares also cut positions, while VanEck small small BTC outflows. The spot ETF outflows match market weakness: BTC trade near $68,624 (down ~2.0% for the day), and analysts warn say if e lose the weekly open near $67,900, fit drag price near ~$65,000. ETH slip to about $2,062 (down ~2.7%). Lookonchain add say one Ethereum ICO participant sell 11,552 ETH (~$23.42M). The selloff trigger liquidations. Lookonchain report trader Machi (@machibigbrother) get BTC and ETH longs fully liquidated, with cumulative losses about $30.75M, then e open new 25x long on 1,600 ETH. Altcoin results mix spite the overall outflows: SOL ETFs see about -$1.04M, while LINK ETFs post small inflows (~+$156.78K). LTC, DOGE, DOT, HBAR, and AVAX record zero flows.

Bearish

Di stop flow wey dey comot BTC/ETH from ETF (about $284.7M for end of Feb and about $263M on March 26) show say institutional money still dey cut position, and wetin BlackRock do don increase short-term selling pressure for market. Spot crypto ETF outflows wey match BTC/ETH daily drop and wey trigger leverage liquidations normally dey speed up short-term down moves and weaken rebound momentum. Even though some altcoin ETFs (like LINK) get small sporadic inflows, SOL still dey weak, and plenty major altcoins record zero inflow, so overall funds never show steady return of risk appetite.