The cryptocurrency market experienced a significant shift last week, with Bitcoin ETFs witnessing their first week of net outflows in two months, totaling nearly $1 billion. This marked the end of a seven-week inflow streak, during which $12.3 billion had been added to these investment products. Grayscale's Bitcoin ETF led the outflows with $1.9 billion, attributed in part to the liquidation of bankruptcy assets from Genesis Global. Despite this, BlackRock's IBIT ETF absorbed $13.341 billion between March 6 and March 22, and it could flip GBTC in Bitcoin holdings within 3 weeks. The market also saw a record outflow of $942 million from digital asset investment products, with Bitcoin experiencing outflows of $904 million. However, the overall ETF demand in the US remained positive, with a net demand of $11.27 billion between March 6 and March 22. Bitcoin's price is now trading at $70.3K, highlighting the shifting investor sentiment amidst these movements.