Bitcoin news today: Over $9 billion flees BTC and ETH ETFs in four months

CoinDesk

by Omkar Godbole

March 2, 2026

AI-Generated Deep Dive Summary

Bitcoin news today highlights a significant shift in institutional sentiment toward digital assets, with record outflows from U.S.-listed spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). Over the past four months, investors have pulled out $6.39 billion from Bitcoin ETFs and $2.76 billion from Ethereum ETFs, marking the longest streak of monthly outflows since these funds were launched in January 2024. These figures underscore a sharp decline in institutional interest, which has sent both BTC and ETH prices plummeting. Bitcoin, once valued at over $126,000 in October, has nearly halved to around $67,000, while Ethereum has dropped by more than 60% from its August 2023 highs. The rise of alternative investment vehicles like spot ETFs initially indicated strong institutional activity, particularly after the pro-crypto Donald Trump administration took office in early 2024. Investors flooded these funds with billions of dollars, fueling a bull run for both BTC and ETH. However, this enthusiasm evaporated following a crash in October, which was attributed to pricing inefficiencies on major exchanges like Binance. Despite sporadic inflows in recent days, analysts suggest that sustained institutional interest is crucial for any meaningful market recovery. The collapse of institutional appetite for digital assets has broader implications for the crypto market. The outflows from ETFs reflect a broader shift in investor sentiment, which has been further exacerbated by external factors such as oil price spikes and geopolitical tensions between the U.S. and Iran. These

Verticals

cryptofinance

Originally published on CoinDesk on 3/2/2026