Bitcoin

Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak

Crypto exchange-traded funds (ETFs) remained under pressure on Thursday, with bitcoin posting heavy outflows and ether extending its losing streak. Solana declined modestly, while XRP activity stayed flat.

Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips

Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal.

Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback.

Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB at $33.10 million and Fidelity’s FBTC at $32.81 million. Ark & 21Shares’ ARKB saw $30.45 million exit, while Grayscale’s GBTC lost $25.06 million.

Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak — Mixed week for bitcoin ETFs so far, with two days each of inflows and outflows.

Smaller but notable outflows were also recorded in Grayscale’s Bitcoin Mini Trust at $5.45 million and Vaneck’s HODL at $2.42 million. Trading volume came in at $2.49 billion, with net assets falling to $88.36 billion.

Ether ETFs extended their negative run to seven consecutive days, posting $92.54 million in net outflows. The headline figure, however, tells only part of the story.

Blackrock’s ETHA recorded a steep $140.24 million exit, driving the bulk of the losses. Additional outflows came from Fidelity’s FETH at $23.95 million, Grayscale’s ETHE and Ether Mini Trust at $13.83 million and $6.21 million, and Bitwise’s ETHW at $5.12 million.

Yet there was a counterbalance. Blackrock’s ETHB attracted a strong $96.81 million inflow, partially offsetting the broader declines and standing out as a rare point of strength. Trading volume reached $878.53 million, while net assets closed at $11.70 billion.

Elsewhere, activity remained subdued. XRP ETFs recorded no trading action, with assets steady at $949.15 million. Solana ETFs saw a modest $1.04 million outflow, driven by Fidelity’s FSOL and Vaneck’s VSOL. Trading volume stood at $23.96 million, with net assets at $849.65 million.

The broader pattern is becoming clearer. Bitcoin and ether are facing sustained selling pressure, while smaller assets struggle to attract consistent demand. Even isolated inflows are no longer enough to shift the overall trend.

In summary, Thursday reinforced the market’s cautious stance. Bitcoin saw widespread outflows, ether extended its losing streak despite pockets of strength, solana slipped modestly, and XRP remained inactive. The market continues to search for stability.

FAQ 📊

Why are Bitcoin ETFs experiencing broad-based outflows?

Bitcoin ETF outflows reflect widespread profit-taking and reduced institutional risk appetite, with multiple funds seeing consistent redemptions across the board.
What caused Ether ETFs to extend their outflow streak to seven days?

Persistent selling pressure, especially from Blackrock’s ETHA, has driven the continued streak despite occasional inflows in select funds.
Why did Blackrock’s ETHB record strong inflows while others declined?

ETHB appears to be attracting targeted institutional interest, possibly due to its structure or positioning compared to competing ether ETFs.
What does low activity in XRP and declining Solana flows indicate?

It suggests reduced investor engagement in smaller crypto ETFs, with capital concentrating more cautiously in major assets or staying sidelined.

Bitcoin

Morgan Stanley Eyes Dominance in Bitcoin ETFs as Its Low Fee Undercuts Blackrock’s IBIT

Morgan Stanley’s low-fee bitcoin ETF filing challenges Blackrock’s dominance and signals intensifying price competition, with adviser-driven distribution poised to influence flows and reshape the balance of power among spot ETF issuers.

Morgan Stanley Undercuts Blackrock With Low-Fee Bitcoin ETF Filing

A shift in bitcoin exchange-traded funds (ETFs) pricing is emerging after Morgan Stanley filed Amendment No. 3 to its S-1 registration on March 27, outlining a proposed low-fee structure for a spot bitcoin product. The filing signals a potential inflection point for cost dynamics and competition among issuers. Bloomberg ETF analyst Eric Balchunas shared on social media platform X:

“Semi-shock: Morgan Stanley’s bitcoin ETF will charge 14bps, making it the cheapest spot bitcoin ETF on the market and 11bps cheaper than IBIT.”

“This means none of their advisors will feel conflicted using it and they have shot at getting outside assets. Smart. Launch prob in next two weeks,” the analyst stated. He believes that the pricing advantage could ease allocation decisions within advisory channels while opening the door to external inflows.

Another Bloomberg ETF analyst, James Seyffart, commented on X: “WOW. We have the fee on Morgan Stanley’s spot bitcoin ETF MSBT. Will charge just 0.14% !!! Big move here. They are not messing around. Likely to launch in early April.”

The amended registration describes a proposed fund structure centered on cost efficiency and direct bitcoin exposure, positioning the product against existing spot ETF offerings with higher expense ratios. The development introduces potential downward pressure on fees across issuers competing for institutional and adviser-driven allocations. According to the prospectus, the Morgan Stanley Bitcoin Trust is designed as a passive vehicle that tracks bitcoin using the Coindesk Bitcoin Benchmark 4PM NY Settlement Rate while holding bitcoin directly without leverage or derivatives. The fund facilitates share creation and redemption through bitcoin transfers tied to large basket sizes, with authorized participants able to transact in cash or in-kind via designated counterparties.

Blackrock Dominance Faces Pressure as Morgan Stanley Scale Looms

Comparative data shows Blackrock’s Ishares Bitcoin Trust ETF (IBIT) carries a 0.25% expense ratio and holds approximately 785,241 BTC valued at approximately $54.09 billion, representing a 100% allocation to bitcoin with minimal cash exposure as of March 26. The scale of these holdings underscores its dominant market position, while the fee differential highlights how Morgan Stanley’s proposed pricing could challenge established leaders.

Additional projections point to significantly larger potential inflows tied to Morgan Stanley’s wealth management platform. Phong Le, president and CEO of Strategy, stated that Morgan Stanley Wealth Management oversees about $8 trillion in client assets and recommends a 0%–4% bitcoin allocation range, which could translate into substantial demand. “A 2% allocation would represent $160 billion, ~3x the size of IBIT. MSBT: Monster Bitcoin,” Le said. The estimate highlights how even modest portfolio shifts could materially expand the scale of spot bitcoin ETF markets.

Fee positioning across issuers shows a tight clustering below 0.30%, with Morgan Stanley’s proposed 0.14% undercutting rivals, including Grayscale’s Bitcoin Mini Trust at 0.15%, Franklin Templeton’s EZBC at 0.19%, and offerings from Bitwise and Vaneck at 0.20%. Ark 21Shares maintains a 0.21% fee, while Blackrock’s IBIT, Fidelity’s FBTC, and Invesco Galaxy’s BTCO each sit at 0.25%, underscoring the significance of further compression at the lower end of the range.

Scale remains a defining factor in the proposal’s broader implications. The Bloomberg analyst noted:

“The reason this particular launch is so interesting is that this will be the first bank to put out spot BTC ETF and this bank happens to have 16K advisors managing $6T in assets. They are the ultimate gatekeepers of rich boomer money.”

He pointed to adviser influence as a key driver that could shape flows and competitive responses across the bitcoin ETF market.

FAQ 🧭

Why does Morgan Stanley’s ETF fee matter for investors?

Lower fees can improve returns and influence adviser allocations at scale.
How could this impact competing bitcoin ETFs?

It may pressure rivals like Blackrock and Grayscale to reduce fees.
What makes Morgan Stanley’s distribution unique?

Its adviser network controls trillions in assets that could drive inflows.
Is the ETF backed by actual bitcoin?

Yes, it is structured as a fully backed spot bitcoin vehicle.

Bitcoin

‘Bitcoin’s Very Powerful’: Trump Pushes US Toward Undisputed Crypto Capital and Bitcoin Superpower

President Trump intensifies the U.S. push to dominate bitcoin and crypto markets, declaring Bitcoin “very powerful” as policy shifts, regulatory clarity, and rising adoption accelerate digital assets’ role in national economic strategy.

Trump Signals Aggressive Push Toward Crypto Leadership

A stronger federal push toward digital assets emerged as U.S. President Donald Trump addressed the Future Investment Initiative Summit in Miami on March 27. The remarks emphasized positioning the United States at the center of bitcoin adoption and crypto market expansion.

“My administration has also worked tirelessly to ensure that America remains at the bleeding edge of crypto revolution. We’re really doing great. And if we’re not going to do it, then China is going to take it over. They want to do it,” Trump said. Setting the tone for market ambition, he declared:

“We’re going to be the undisputed crypto capital and Bitcoin superpower of the world. Bitcoin’s very powerful. It’s all becoming powerful.”

“So many people, now, they want to pay you in crypto. They want to pay you in bitcoin, and we have to be at the top of it in all of these—call it an industry,” Trump stressed.

Linking that outlook to policy groundwork, he pointed to stablecoin legislation, stating: “Last year I signed the landmark Genius Act into law, creating a clear and simple framework for dollar-backed stablecoins.” Emphasizing the significance, he added that “this was a historic achievement,” and stressed he will “not allow Democrats and their big bank donors” to deter progress. Addressing political dynamics, he noted, “Although they’ve had a lot of support for crypto … the Democrats have been very strong on crypto. They want to see it too, which is shocking if you want to know the truth.”

Regulatory Clarity and Growth Agenda Drive Momentum

Regulatory developments tied to the address included joint interpretations issued March 17, 2026, by the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), which categorized many digital assets, including bitcoin, ether, and XRP, as digital commodities. The move redirected oversight away from enforcement-led actions and aligned with the GENIUS Act’s framework for dollar-backed stablecoins, establishing clearer conditions for issuance and compliance.

Outlining a broader regulatory philosophy, he said:

“But we don’t want any pointless regulations or needless restrictions. We want to have free enterprise, open. America became the world financial capital because we were the strongest and the freest nation on earth. And the Trump administration’s going to keep it that way. We’re very open.”

Beyond digital assets, the address also highlighted artificial intelligence and advanced manufacturing as parallel priorities within a wider economic agenda. The administration tied these sectors to a target of attracting more than $2.7 trillion in technology investment, positioning innovation-led growth alongside expanding financial market infrastructure.

He concluded by emphasizing accessibility in governance. “And I tell people, if you have problems, call me. Call me. And some of them are amazed. I actually take their call and get their problem solved,” Trump claimed.

FAQ 🧭

What did Trump say about bitcoin’s importance?

He described Bitcoin as very powerful and central to future financial systems.
How is the U.S. positioning itself in crypto markets?

The administration is aiming to make the U.S. the global hub for crypto adoption and innovation.
What role does regulation play in this strategy?

Clearer rules are intended to support growth while reducing uncertainty for investors and companies.
Why is crypto tied to broader U.S. economic policy?

It is being integrated into a wider push for technological leadership and investment expansion.

Bitcoin

Solana price forecast as bulls fight to keep $80 support intact

Solana changed hands for around $83 on the morning of March 9, 2026. The cryptocurrency could dip to under $75 if bearish sentiment holds. SOL price has floundered amid macro headwinds but could see another oversold bounce. Solana (SOL) trades at around $83 in the early hours of Monday, March 9, 2026, up 1.3% in…

Solana changed hands for around $83 on the morning of March 9, 2026.
The cryptocurrency could dip to under $75 if bearish sentiment holds.
SOL price has floundered amid macro headwinds but could see another oversold bounce.

Solana (SOL) trades at around $83 in the early hours of Monday, March 9, 2026, up 1.3% in the past 24 hours.

The altcoin may be showing signs of bucking the trend across stocks as Bitcoin also pulls off the $66,000 low.

However, SOL is down by more than 5% in the past month and could revisit recent lows under $80 amid persistent negative funding rates and as the Iran war decimates risk sentiment.

Solana price: market conditions fuel caution

SOL has faced headwinds alongside Bitcoin and Ethereum since sliding from $250 in September 2025.

An acceleration in losses saw SOL drop to lows of $75 on February 5, 2026, and bulls have struggled to break above $90 since.

The broader macro and geopolitical headwinds have been key downward catalysts year-to-date, with these contributing significantly to the fading memecoin hype that has hit trading volumes hard.

While net inflows into Solana spot ETFs have largely defied the sharp redemptions that hit BTC and ETH products, institutional demand has slowed.

Cumulative SOL ETF assets sit at $958 million.

SoSoValue data shows two consecutive days of outflows last week, with over $8.2 million exiting on Mar 6.

That saw weekly flows cut to about $24 million from over $44 million the previous week.

Technical analysis

Standard Chartered recently cut its 2026 target for SOL to $250, but analysts at the bank forecast a bullish flip to $2,000 by 2030.

Buyers have the long-term forecast in their favour.

However, struggles below $100 suggest bulls have work to do in the short term if macro and geopolitical headwinds continue to batter sentiment.

Solana SOL Chart — Solana price chart by TradingView

SOL prices hover in a broader range between $75 and $94, but as broader crypto sentiment weighs on investors amid surging oil prices, the altcoin could flip lower.

Earlier on Monday, oil prices surged to near $120 a barrel amid concerns around the US- Iran war. Prices have since dropped to $100 after reports said the G7 will discuss to release emergency oil reserves.

The RSI and MACD indicators on the daily chart above highlight this possibility.

But could Solana bulls hold $80-$75 as a support zone intact as they eye a bullish reversal?

On-chain data shows funding rates extending in the negative and open interest down to $4.93 billion, down from $8.86 billion in mid-January.

Prolonged negative funding rates have nonetheless preceded an upside flip for the cryptocurrency.

This positions SOL for a likely short-term uptick, with $118-$120 the primary hurdle above the psychological level of $100.