Bitcoin ($BTC) and Ethereum ($ETH) exchange-traded funds are currently going through enormous outflows. As per the data from Lookonchain, the cumulative outflows of Bitcoin ETFs reached 1,705 $BTC while Ethereum ETFs saw 1,535 $ETH in outflows, as of March 2, 2025. The on-chain analytics platform offered insights into the current outlook of the crypto ETF market in a recent X post.
$BTC ETFs Record $145.58M in Net Outflows with $IBIT Leading Others
The data discloses that the Bitcoin exchange-traded funds experienced a total loss of up to $145.58M. Particularly, iShares Bitcoin Trust ($IBIT) of BlackRock stood atop with the biggest outflow of nearly 576,038 $BTC. Additionally, the crypto ETF did not record any inflows during the same time. Nonetheless, Fidelity’s $FBTC recorded a net outflow of almost $89.24M, accounting for 1,045 $BTC. This decreased the ETF’s cumulative holdings to 195,888 $BTC.
Simultaneously, ARK 21Shares Bitcoin ETF ($ARKB) beheld a loss of nearly 1,027 $BTC over the past 24 hours. In addition to this, the ETF’s weekly outflows have reached the 1,431 $BTC mark. Irrespective of the overall bearish trend, a few ETFs displayed slight inflows, including Bitwise Bitcoin ETF ($BITB) and Franklin Bitcoin ETF ($EZBC). Specifically, $BITB’s inflows equaled 288 $BTC while $EZBC’s inflows accounted for 87 $BTC, pushing cumulative holdings to 5,043 $BTC.
$ETH ETFs See $2.87M in Total Outflows While $ETHW Experiences Biggest Outflow
Apart from that, the Ethereum ($ETH) ETFs also displayed an analogous outlook with a cumulative outflow of $2.87M. Bitwise Ethereum ETF ($ETHW) accounted for the biggest single-day outflow. It lost 1,363 $ETH, signifying a $2.55M in value. With this, its cumulative holdings plunged to 93,728 $ETH ($175.46M). Along with that, the net outflow of Grayscale Ethereum Mini Trust ($ETH) touched 2 $ETH. Moreover, its weekly outflows equal 3,310 $ETH.
On the other hand, Fidelity Ethereum Fund ($FETH) added up to 1,913 $ETH over the recent 7 days. Even then, during the past 24 hours, it lost 87 $ETH. According to Lookonchain, these overwhelming outflows suggest the mounting selling pressure in the market. Along with this, it also indicates a potential pullback from the institutional investors. This increasing trend of avoiding risk is influencing Ethereum ETFs more in comparison with Bitcoin ETFs.
