Crypto ETFs finished the week under pressure as bitcoin spot ETFs posted $225.48 million in net outflows and ether ETFs extended an eight-day outflow streak with $48.54 million leaving. Trading remained active at $3.39 billion for bitcoin ETFs and $1.16 billion for ether ETFs, while net assets closed at $84.77 billion and $11.52 billion, respectively. Solana ETFs saw a $7.84 million outflow and XRP ETFs recorded no trading activity.

Saudi Arabia’s 1,200-kilometer East-West Pipeline (Petroline) has reached its rated maximum of 7 million barrels per day, creating a partial overland alternative as Strait of Hormuz flows are estimated to be down 90% to 95%. The milestone was reported as being achieved on March 28, 2026, after Aramco’s CEO said on March 10 that full capacity was only days away. Oil prices remained elevated, with WTI closing March 27 at $99.64–$101.18 per barrel and Brent settling at $105.32–$112.57.

On March 28, 2026, crypto-exposed equities sank as a broader risk-asset sell-off intensified, with Coinbase (COIN) and Galaxy Digital (GLXY) down nearly 7% and Gemini (GEMI) off almost 9%. Bitcoin traded below $66,000 during the drop, while the report also cited about $17 trillion in market value erased from peak levels and warned quarter-end flows could add volatility through March 31.

Since March 21, the total stablecoin market cap has declined by $1.04 billion, with seven of the top ten tokens recording net redemptions. USDC saw about $1.372 billion in outflows over the period, while USDT remained the largest stablecoin with $184.068 billion in market cap and 58.42% of the sector. A few smaller products moved the other way, including BUIDL, USYC, and USDG, which posted weekly gains.

Investors appear to be rotating selectively from Bitcoin into certain altcoins as BTC faces selling pressure and BTC dominance meets resistance at 60%. The Altcoin Season Index is up 10 points this month, while gold rose +4% above $4,550/oz and silver gained +5% past $71/oz, a shift that could cap broader altcoin upside until risk conditions improve.

On March 27, Bitcoin spot ETFs saw net outflows of $225.5 million, while Ethereum ETFs posted $48.5 million in redemptions and Solana ETF products recorded $7.8 million in net outflows. Bitcoin network participation also cooled, with active addresses down more than 30% since August 2025. The data points to softer institutional risk appetite alongside weakening on-chain engagement.

On March 28, Patrick Witt, executive director of the President's Council on Digital Assets, warned that blocking the CLARITY Act draft could lead to a future Democratic administration taking a tougher approach to stablecoin yield, DeFi, and crypto. Coinbase said the industry is preparing a coordinated counterproposal aimed at preserving stablecoin rewards, while other industry figures flagged separate issues around DeFi developer protections and crypto tax provisions. Coinbase's David Duong said the stablecoin-yield dispute may be resolved within three weeks, with a Senate Banking markup possible in the second half of April and final passage potentially in early May if floor time permits.

On March 25, a federal judge in California certified a class in a securities fraud case alleging Nvidia concealed more than $1 billion in cryptocurrency-driven GPU revenue from investors. The order allows the lawsuit to proceed on behalf of purchasers of Nvidia common stock from Aug. 10, 2017, to Nov. 15, 2018, but does not decide whether fraud occurred.