 
 
Cryptocurrency prices fell as some investors took advantage of the midweek rally, while others shifted to safer assets amid heightened tensions in the Middle East. The conflict between the United States and Iran has shown no signs of easing this week, with clashes continuing across the region.
According to data from CoinGecko, bitcoin has fallen about 4.3% over the past 24 hours to around $67,800 at press time.
This comes as U.S.-listed Bitcoin ETFs recorded their biggest daily outflow in three weeks on March 5, with investors withdrawing nearly $228 million from the fund. The withdrawals underscore continued institutional caution about Bitcoin and extend the sense of risk that has been building since the market crashed in early October.
The outflow was led by BlackRock’s iShares Bitcoin Trust (IBIT), which saw $89 million exit the fund on Thursday, according to Farside Investors. Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC) has exited after $48 million, while Bitwise Asset Management’s Bitwise Bitcoin ETF (BITB) has shed $46 million from the fund.
Thursday’s withdrawal was the largest one-day outflow since the $410 million outflow on February 12. So far in 2026, cumulative inflows into Spot Bitcoin ETFs are $3.58 billion, while total outflows have reached $4.49 billion against a cautious macro backdrop.
 
Solana ETFs are showing surprising strength despite a 57% drop in prices
Negative sentiment weighed on altcoin ETFs, with Ethereum funds recording $91 million in withdrawals. XRP and Solana ETFs also posted smaller payouts of $6 million and $5 million, respectively.
Notably, the outflows from Solana’s ETFs mark their first losses since early February, even though year-to-date inflows are about $200 million. By comparison, XRP funds have attracted around $86 million in inflows so far this year.
According to Eric Balchunas, senior ETF analyst at Bloomberg, Solana ETFs have attracted about $1.5 billion in aggregate inflows, even though SOL prices have fallen 57% since the spot ETFs launched in July. Balchunas reported these numbers in a Friday message on X.
“However, they were able to not only collect $1.5 billion of the flow, but not really give it up,” Balchunas said, adding that many institutions increased their exposure to Solana in the fourth quarter of 2025. “Both signs are really good for the future,” Balchunas said.
