U.S.-listed spot bitcoin exchange-traded funds opened the trading week on a decidedly different footing than where they left off. After three consecutive sessions of net redemptions, Monday’s tape registered $167.23 million in fresh inflows—a clean reversal that signaled renewed institutional appetite heading into the final stretch of March.
BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $160.81 million of that total, reinforcing its position as the gravitational center of the spot ETF universe. Fidelity’s Wise Origin Bitcoin Fund (FBTC) contributed an additional $41.70 million. Between the two, over $200 million in gross buying offset scattered selling elsewhere in the complex.
Not every fund participated in the recovery. Grayscale’s Bitcoin Trust (GBTC) recorded $25.87 million in net outflows, consistent with the gradual rotation pattern the fund has exhibited since its January 2024 conversion. Ark Invest and 21Shares’ ARKB posted $9.41 million in redemptions. The remaining products—including offerings from VanEck, Invesco, and Franklin Templeton—reported zero net activity for the session.
Aggregate trading volume across all eleven spot bitcoin ETFs came in at $2.98 billion, a figure that suggests healthy two-way market activity rather than a one-sided positioning flush. Total net assets under management stood at $91.71 billion at the close.
Bitcoin spot ETF flows — March 24
| Fund | Net flow | Direction |
| IBIT (BlackRock) | +$160.81M | Inflow |
| FBTC (Fidelity) | +$41.70M | Inflow |
| GBTC (Grayscale) | -$25.87M | Outflow |
| ARKB (Ark/21Shares) | -$9.41M | Outflow |
| Others | $0 | Flat |
| Total | +$167.23M | Net inflow |
The story on the ether side remained less constructive. Spot ether ETFs logged their fourth consecutive day of net outflows, shedding $16.18 million. BlackRock’s iShares Ethereum Trust (ETHA) was responsible for $15.68 million of that decline, with Fidelity’s Ethereum Fund (FETH) adding another $1.62 million in redemptions.
One outlier emerged. BlackRock’s ETHB—a structurally distinct vehicle within the firm’s lineup—continued its quiet accumulation streak, posting a $1.11 million inflow. It was the sole positive entry in the ether complex for the session. Total trading volume for ether ETFs reached $1.14 billion, with net assets settling at $12.51 billion.
Ether spot ETF flows — March 24
| Fund | Net flow | Direction |
| ETHA (BlackRock) | -$15.68M | Outflow |
| FETH (Fidelity) | -$1.62M | Outflow |
| ETHB (BlackRock) | +$1.11M | Inflow |
| Total | -$16.18M | Net outflow |
Beyond the two majors, altcoin ETF segments were entirely dormant. XRP-linked products registered zero flows for the session, with total net assets holding steady at $1.01 billion. Solana ETFs mirrored that inactivity, ending the day flat at $903.06 million in assets under management. Neither product class has shown meaningful flow momentum in recent sessions, reflecting a broader wait-and-see posture among allocators toward smaller-cap digital asset vehicles.
Altcoin ETF snapshot — March 24
| Asset | Net flow | Net assets |
| XRP ETFs | $0 | $1.01B |
| Solana ETFs | $0 | $903.06M |
Monday’s session underscored a widening gap in institutional conviction across the digital asset ETF landscape. Bitcoin products snapped their three-day outflow streak with authority, driven almost entirely by BlackRock and Fidelity—the two heavyweights that continue to anchor demand when sentiment stabilizes. Ether, by contrast, has yet to find a floor, with four straight sessions of net selling pressure suggesting that confidence in the second-largest cryptocurrency remains fragile at current price levels.
The silence from XRP and Solana ETFs is equally telling. Zero-flow days are not unusual for newer, thinner products, but extended inactivity raises questions about whether these vehicles have reached the critical mass necessary to sustain regular two-way trading interest. For now, the market’s institutional appetite remains concentrated at the top of the cap table—and even there, the distribution of capital is uneven.
Data sourced from publicly available ETF flow trackers. Figures reflect single-session net activity for March 24, 2026. This report is for informational purposes only and does not constitute investment advice.
