- Bitcoin and Ethereum traded at key levels amid $1.7 billion in crypto investment outflows for last week.
- The negative flows have now stretched to five straight weeks, with outflows running for 17 straight days.
- BTC traded just above $83k while ETH hovered near $1,900 as of writing.
Bitcoin and Ethereum prices continue to struggle amid a broader market downturn.
On Monday , March 17, 2025, both BTC and ETH traded just in the green at $83,417 and $1,907. The top two digital assets by market cap were up 1.1% and 1.5% respectively.
The outlook mirrored the broader crypto market, which has seen billions of dollars wiped off the market. Also trending has been the massive liquidations to hit cryptocurrencies since BTC flipped negative with price plummeting below $100k and then $90k.
Digital assets see outflows for fifth straight week
Per latest report on performance of digital asset investment products, bearish pressure remains as outflows mount. James Butterfill, head of research at crypto asset manager CoinShares, reported that the market recorded a fifth consecutive week of outflows last week.
Investors pulled over $1.7 billion from crypto exchange-traded products (ETPs) and other investment products for the week ending March 14. Overall, it extended the negative flows to a five-week total of $6.4 billion.
“This also marks the 17th straight day of outflows, the longest negative streak since our records began in 2015,” Butterfill noted.
Despite the gloom, year-to-date inflows remain in positive territory at $912 million.
What analysts are however looking at is the sustained price correction. To many, this is likely to dent investor confidence, which is low after tariffs concerns and general jittery outlook across risk asset markets.
Already, negativity has slashed total assets under management by $48 billion to $133 billion.
Top two by market cap lead in outflows
Bitcoin’s weekly outflows reached $978 million, pushing its five-week total to a staggering exit of $5.4 billion. Interestingly, investors have also been unwinding short-bitcoin positions.
Last week, a total of $3.6 million in short BTC positions left exchange-traded funds and other digital asset products.
In a comment on what may be next for BTC and other assets, analysts at QCP Capital noted:
“BTC is holding strong, but will macro headwinds take control? Watch for US Retail Sales data & Fed commentary this week—they could set the tone for the next big move.”
The trend has also been downward for Ethereum – both in terms of market price and investment products AUM. In the past week, concerned investors pulled $175 million from ETH products, which coincides with a 7.7% downturn in seven days. Ether price is down by more than 30% in the past month.
As well as ETH, Solana registered notable outflows of $2.2 million. However, XRP defied the trend with $1.8 million in inflows.
