The Bitcoin ETF had a net outflow of 1,238 BTC today, while the Ether ETF had a net outflow of 12,221 ETH

March 4 - Bitcoin and ethereum ETFs both saw massive net outflows today, according to Lookonchain data:

- 10 Bitcoin ETFs saw net outflows of 1,238 BTC (~$102.85 million)

- iShares (Blackrock) Bitcoin Trust (IBIT) saw outflows of 909 BTC and now holds 572,227 BTC (~$47.55 billion)

- Grayscale Bitcoin Trust (GBTC) saw outflows of 420 BTC, dropping its overall position to 196,387 BTC

- 9 Ether ETFs saw net outflows of 12,221 ETH (~$25.35 million)

- iShares (Blackrock) Ethereum Trust (ETHA) outflows 7,570 ETH and now holds 1,284,919 ETH (~$2.66 billion)

- Grayscale Ethereum Trust (ETHE) outflows 5,521 ETH, total position down to 1,263,919 ETH