In March, over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs), but a positive turn occurred on March 12 when investors brought in $13.3 million as the BTC market price approached $85,000. According to Farside Investors data, spot Bitcoin ETFs attracted $35.4 million in inflows over two days by March 12, while spot Ether ETFs recorded a single-day inflow of $14.6 million on March 4. The recent $13.3 million inflow on March 12 halted Bitcoin’s ETF outflows, as confirmed by Sosovalue. The total trades for Bitcoin ETFs that day were valued at $2.01 billion, the lowest since February 20, with contributions from BlackRock’s iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB), and Grayscale Bitcoin Mini Trust ETF (BTC). On the Ethereum side, Fidelity Ethereum Fund (FETH), Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Mini Trust (ETH) made contributions. Market downturn and geopolitical tensions have led to ETF outflows, influenced by macroeconomic uncertainties, trade wars, and bearish investor sentiment. Concerns over President Donald Trump’s Strategic Bitcoin Reserve plan implementation and upcoming European Union retaliatory tariffs could introduce more volatility to Bitcoin’s price trajectory. Despite maintaining levels above $80,000, analysts warn of potential impact from external factors.
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