DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Bitcoin Cointelegraph

US Bitcoin ETFs break outflow streak with $13.3M inflow

Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000.As o...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Bitcoin ETFs break outflow streak with $13.3M inflow

Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000.

As of March 12, spot Bitcoin ETFs had attracted $35.4 million worth of inflows spread across two days, according to Farside Investors data. On the other hand, spot Ether ETFs recorded inflows on just one occasion, bringing in $14.6 million on March 4.

Spot Bitcoin ETF daily flow data. Source: Farside Investors

Bitcoin ETFs break outflow streak with $13.3 million inflow

According to Sosovalue, the cumulative net inflows of BTC ETFs confirmed the recent $13.3 million inflow on March 12, signaling a pause in Bitcoin’s ETF outflows.

The total value of the trades that day for Bitcoin ETFs amounted to $2.01 billion, its lowest daily value since Feb. 20. The inflows were contributed by three BTC funds: BlackRock’s iShares Bitcoin Trust (IBIT), the ARK 21Shares Bitcoin ETF (ARKB) and the Grayscale Bitcoin Mini Trust ETF (BTC).

Daily flow of investments into spot Bitcoin ETFs. Source: Sosovalue

On the Ethereum side, the one day of inflows saw contributions from the Fidelity Ethereum Fund (FETH), Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (ETH).

Spot Ether ETF daily flow data. Source: Farside Investors

Market downturn and geopolitical tensions drive ETF outflows

The broader market downturn and macroeconomic uncertainties have contributed to the ETF outflows, driven by geopolitical tensions, trade wars and bearish investor sentiment.

Related: Crypto ETPs see 4th straight week of outflows, totaling $876M — CoinShares

Analysts say that the lack of concrete implementation or unmet expectations regarding President Donald Trump’s Strategic Bitcoin Reserve plan has also exacerbated selling pressure.

Despite Bitcoin maintaining levels above $80,000, market watchers warned that the upcoming European Union retaliatory tariffs could introduce greater volatility, further influencing Bitcoin’s price trajectory.


Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

Related market context