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The US bitcoin spot ETF market has seen outflows for four consecutive weeks

On March 9th, the US Bitcoin spot ETF market saw outflows for four consecutive weeks. According to Farside Investors, the largest single-week outflows from ETFs in the week ended March 7th included: Fidelity Wisdom Origins Bitcoin Fund (FBTC) net outflow of $201 million, for 6 consecutive weeks. ARK 21Shares Bitcoin ETF (ARKB) net outflow of $163.50 million. iShares Bitcoin Trust (IBIT) net outflow of $129.60 million. Weak demand has disrupted the supply and demand balance of Bitcoin as institutional investors withdraw, causing Bitcoin to fall 8.76% in the past week.