U.S. spot Bitcoin ETFs end two-day outflows with $167M

U.S. spot Bitcoin exchange-traded funds recorded $167 million in net inflows on March 9, ending a two-session outflow streak as Bitcoin traded near $70,000. The reversal followed about $577 million in net outflows across Thursday and Friday, according to SoSoValue data tracking U.S.-listed products.

Flows were weaker across other crypto-linked ETFs. Funds tied to Ether, XRP and Solana posted net outflows of $51 million, $18 million and $2.5 million, respectively, on Monday, marking a third straight session of withdrawals. Over the three-day period since Thursday, Ether funds shed roughly $225 million, XRP funds about $41 million and Solana funds around $16 million.

Spot prices for major tokens edged higher. Bitcoin traded near $70,015 as of publication, while Ether, XRP and Solana added about 3% to 5% over the past 24 hours, based on market pricing.

On March 9, President Donald Trump told reporters the war with Iran “could be coming to an end.” Oil prices declined the same day.

On-chain metrics pointed to caution among shorter-term participants. CryptoQuant highlighted the long-term holder to short-term holder spent output profit ratio at 0.89, a level that reflects short-term holders realizing losses.

Monday’s flows left Bitcoin funds gaining assets while Ether, XRP and Solana funds saw continued redemptions.

As GNcrypto covered previously, Bitcoin whales sold into a rebound as retail bought the dip. Large Bitcoin holders who accumulated between Feb. 23 and March 3, when prices ranged $62,900–$69,600, sold about 66% of those buys as the price neared $74,000 on March 5, while sub-0.01 BTC wallets added during the drop below $70,000 on March 6–7. The Crypto Fear & Greed Index fell to 13 on March 8. Glassnode data showed about 43% of supply at a loss, with recent rallies meeting selling near break-even levels.