US Bitcoin ETFs See First Weekly Outflows Since February as Capital Rotates Toward Bitcoin Layer-2 Bets

US spot Bitcoin ETF posted $296.18 million in net outflows in the week ending March 27, the first negative weekly reading since mid-February. The pullback coincided with Bitcoin’s slide to $65,000 last week, though BTC has since recovered above $67,000.

The move points to a pause in the steady ETF inflow trend seen earlier in March. It also reflects a broader shift in positioning, with some market participants taking profits on passive Bitcoin exposure and reallocating toward Bitcoin-native projects offering on-chain utility.

Among the names drawing that capital is Bitcoin Hyper (HYPER), whose presale has raised more than $32.2 million over the past several months. The project is preparing to launch a Bitcoin Layer 2 focused on faster, lower-cost transactions and DeFi functionality while remaining anchored to Bitcoin’s security model.

With the mainnet approaching, Bitcoin Hyper is positioning itself as a higher-beta Bitcoin trade at a time when ETF flows have started to soften.

According to the latest market data, U.S. Bitcoin ETFs experienced net outflows of $296.18 million last week. The heaviest daily withdrawals came on March 27, when the products shed $225.48 million, followed by another $171.22 million the previous day.

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Total assets under management still sit above $84 billion, but the weekly reversal is notable because it breaks a run of positive prints that had held since February. During the same stretch, Bitcoin struggled to maintain support and briefly fell to $65,000 before rebounding.

Analyst Kaleo had identified $66,000 as a key level over the weekend. BTC’s move back above $67,000 on Monday has, for now, reinforced that view, though the durability of the bounce remains an open question.

Macro conditions, including changing interest-rate expectations and competition from other perceived safe-haven trades, likely played a role in the ETF outflows. But the market data also suggests part of that capital is moving into Bitcoin infrastructure and application-layer projects rather than exiting the sector altogether.

First Bitcoin ETF, Now – Why Bitcoin Hyper Is Drawing Attention?

That backdrop has put renewed focus on Layer 2 protocols such as Bitcoin Hyper (HYPER), which aims to expand Bitcoin’s use beyond simple holding and transfer. The project is built as a Layer 2 chain powered by the Solana Virtual Machine, combining higher throughput and low transaction costs with a design intended to remain secured by Bitcoin.

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Bitcoin Hyper (HYPER) uses a canonical bridge for trustless BTC deposits and withdrawals, with zero-knowledge proofs used to keep activity verifiable on the base chain. The pitch is straightforward: give Bitcoin holders access to DeFi services and dApps without forcing them out of the Bitcoin ecosystem.

The HYPER token sits at the center of that model. It is designed for gas fees, staking rewards tied to network security, and governance participation on project decisions.

HYPER has a total supply of 21 billion tokens allocated across development, sustainability, community initiatives, rewards, and marketing. The current presale price is $0.0136778, and the project says buyers can stake through already active smart contracts for a 36% APY.

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The presale has raised roughly $32.2 million so far. Recent activity has included a $49,611 buy last Friday, underscoring continued interest from larger participants even as ETF demand has cooled.

Presale Access and Supported Payment Methods

Investors looking to participate can go to the official Bitcoin Hyper website and connect a crypto wallet, including Best Wallet and MetaMask. The sale currently supports purchases with ETH, BNB, SOL, USDT, USDC, and bank card.

Best Wallet users can also access HYPER through the app’s “Upcoming Tokens” section, available via the Apple App Store and Google Play. The listed presale price remains $0.0136778, with the same advertised 36% staking APY regardless of purchase route.

For project updates, follow Bitcoin Hyper on X and join the project’s official Telegram group.

Visit Bitcoin Hyper.

The post US Bitcoin ETFs See First Weekly Outflows Since February as Capital Rotates Toward Bitcoin Layer-2 Bets appeared first on Cryptonews.

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