US-listed spot Bitcoin ETFs ended the primary quarter of 2026 in detrimental territory. March did see a return of inflows, however that got here solely after two straight months of regular withdrawals.
Abstract
- US spot Bitcoin ETFs ended Q1 2026 with about $500 million in internet outflows, as early-quarter redemptions outweighed March inflows of $1.32 billion.
- Ether ETFs noticed $769 million in quarterly outflows, whereas Solana funds attracted $213 million.
Figures from SoSoValue present that the funds added $1.32 billion in March and ended a dry spell that had lasted since October 2025.
But the inflows weren’t sufficient to offset the heavy redemptions that occurred in January, when $1.61 billion was pulled from the funds. Subsequently, February noticed additional withdrawals of $207 million, leaving the quarter with roughly $500 million in internet outflows.
Outflows picked up tempo as Bitcoin fell by greater than 22% over the quarter, extending losses after a 23% drop within the closing quarter of 2025. Consecutive declines throughout two quarters added strain on investor positioning and fund flows.
Investor sentiment remained fragile at the same time as capital returned in March. Readings from the Crypto Concern & Greed Index stayed beneath 20 for a lot of the month, a variety tied to “Extreme Fear.”
Even beneath these situations, ETF inflows picked up towards the top of the quarter. Some analysts hyperlink that resilience to continued institutional participation, regardless of uncertainty tied to geopolitical tensions within the Center East.
Nevertheless, buying and selling exercise slowed, with spot Bitcoin ETF volumes falling to round $79 billion in March, in contrast with $93 billion in February and $87 billion in January. By the top of the quarter, cumulative inflows into the section reached near $56 billion, whereas complete property beneath administration stood close to $87.5 billion.
Spot Ether ETFs recorded the most important quarterly losses amongst altcoins at about $769 million. These merchandise have recorded three consecutive months of outflows after closing March with $46 million in internet withdrawals.
XRP ETFs additionally recorded outflows in March with roughly $31 million exiting the funds. Earlier inflows saved the quarterly determine constructive, with internet additions of roughly $43 million.
In the meantime, Solana ETFs introduced in a mixed $213 million over the quarter. Since their launch in October 2025, they’ve but to submit a month of internet outflows.
