Bitcoin and Ethereum traded at the major levels amid last week's $1.7 billion crypto investment outflow. Negative flows are currently growing for five consecutive weeks, with outflows running for 17 consecutive days. BTC traded over $83,000, and ETH hovered at nearly $1,900 at the time of writing.
Bitcoin and Ethereum prices continue to struggle amid the slump of the wider market.
On Monday, March 17, 2025, both BTC and ETH traded green for $83,417 and $1,907. The top two digital assets by market capitalization increased by 1.1% and 1.5% respectively.
The outlook reflects the broader crypto market, with billions of dollars being wiped out of the market. Also, as BTC fell below $90,000 for under $10,000 and turned the negative down below $90,000, the trend was a massive liquidation to hit cryptocurrency.
Digital assets show outflows for 5 consecutive weeks
The latest report on the performance of digital asset investment products shows that bear pressure is increasing outflow. James Butterfill, research director at Crypto Asset Manager Coinshares, reported that it recorded five consecutive weeks of spills last week.
Investors subtracted more than $1.7 billion from Crypto Exchange-Traded Products (ETPS) and other investment products for the week ending March 14th. Overall, the negative trend has expanded to a total of $6.4 billion over the five-week period.
“This also marks the straight day of the 17th spill, the longest negative winning streak since the record began in 2015,” Butterfill said.
Despite the darkness, inflows from the start of the year remain in a positive territory of $912 million.
But what analysts are seeing is a sustained price adjustment. For many, this can undermine investor trust. This is low after tariffs are concerned and the general volatile outlook across the risky asset market.
Already, negativity has reduced its managed total assets from $48 billion to $133 billion.
Top 2 market capitalization leads are leaked leads
Bitcoin's weekly outflow reached $978 million, pushing its five-week total to an incredible $5.4 billion exit. Interestingly, investors are also rewinding shorter Bitcoin positions.
Last week, a total of $3.6 million in the short BTC position left funds and other digital asset products traded on the exchange.
In a comment on what BTC and other assets will be:
“BTC holds strong, but do you control macro headwinds? Keep an eye on this week's retail sales data and the Fed's commentary. They can set the tone for the next big move.”
This trend was also downward for Ethereum in terms of both market price and investment products. Over the past week, concern investors have withdrawn $175 million from ETH products. This coincides with a slump of 7.7% over seven days. Ether prices have fallen more than 30% in the past month.
Like ETH, Solana has registered a notable $2.2 million spill. However, XRP went against the trend with an inflow of $1.8 million.