Bitcoin ETF saw nearly a $300 million outflow in a single week! Global crypto funds finally ended 4 weeks of inflows

Iran’s conflict is spreading, inflation expectations are heating up, and investors’ risk appetite has suddenly reversed course. Last week, U.S. Bitcoin spot ETFs saw net outflows of nearly $300 million, ending the recent trend of inflows. Global crypto funds also shed $414 million in tandem, bringing an end to four straight weeks of net inflows. According to SoSoValue data, as of the week of March 27, U.S. Bitcoin spot ETFs recorded net outflows of $296 million, reversing the inflow trend from the prior few weeks. The total net asset value of ETFs also fell from a high of $91.7 billion on March 23 to $84.8 billion at Friday’s close, a drop of 7.5%. Risks that fan Iran conflict and stoke inflation expectations sap risk appetite In a report released Monday, CoinShares research head James Butterfill said that global digital asset investment products saw net outflows of $414 million last week, the first time capital has fled in five weeks. He attributed this to investors’ concerns about “heightened tensions in the U.S.-Iran conflict” and “inflation outlook,” as market expectations for the June Federal Open Market Committee (FOMC) have shifted from rate cuts to rate hikes. The report shows that global crypto funds’ total assets under management fell to $129 billion, returning to early-February levels, roughly comparable to the size seen at the start of the Trump tariff policy in April 2025. Outflows showed clear regional divergence. The U.S. market was the main source of this sell-off, with outflows of $445 million in a single week. By contrast, funds in Germany and Canada recorded inflows of $21.2 million and $15.9 million, respectively, suggesting investors in those regions chose to step in and buy on the dip. Switzerland, meanwhile, saw a modest outflow of $4 million. Ethereum funds are the hardest hit, while Bitcoin still maintains net inflows for the year Among asset classes, Ethereum investment products were hit the most severely: global withdrawals of $222 million and an expanded net outflow of $273 million year-to-date, making them the weakest among major digital assets. Global net outflows for Bitcoin funds totaled $194 million last week, but they still maintain net inflows of $964 million so far this year. Products that short Bitcoin saw inflows of $4 million.