Fun

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

News Feed - 2025-03-30 04:03:03

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen inearly March. Related Reading Bitcoin Price Slips Under $84,000 — Key Support Levels To Watch 1 day ago Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows


According to data from ETF tracking site SoSoValue, the Bitcoin ETFs registered total net outflows of $93.47 million on Friday, moving its aggregate netflows for the past week to $196.7 million. Prior to Friday’s negative input, these funds recorded a positive flow for 10 consecutive trading days suggesting a high amount of favorable market interest.


This development indicates a return of bullish sentiments among Bitcoin institutional investors following the bearish mood seen in February and early March which featured massive asset withdrawals.


In a similar fashion, Blackrock’s IBIT accounted for the majority of the inflows from last week by attracting $171.95 million in investments, followed by Fidelity’s FBTC with $86.84 million. VanEck’s HODL was the only other ETF with a positive inflow of $5 million in new deposits.


On the other hand, a large percentage of withdrawals came from Ark Invest’s ARKB which recorded $40.97 million in net outflows. Invesco’s BTCO, WisdomTree’s BTCW, and Bitwise’s BITB also experienced moderate levels of redemptions ranging between $6.95 million – $10.22 million. Meanwhile, Grayscale’s GBTC, BTC, and Franklin Templeton’s EZBC registered no significant flow. Related Reading Bitcoin RSI Targets Daily Retest That Triggered 2024 Price Rally, What Happened Last Time 1 day ago Bitcoin ETFs Close Out Q1 – What Next?


With Q2 of 2025 fast approaching, the Bitcoin spot ETFs conclude the first quarter of the year on an uncertain note. The year began with strong bullish momentum, driving $5.25 billion in net inflows during January. However, this was followed by a sharp reversal, with cumulative net liquidations of $4.25 billion across February and March.


Notably, the resurgence of positive inflows seen in the latter half of March is a sign of renewed market interest and strong market confidence. Furthermore, the crypto-friendly stance being adopted by the Donald Trump administration could encourage institutional investment in the long run.


However, macroeconomic factors including potential Fed rate hikes, and ongoing US tariff changes may force investors to move out of high-risk assets or other associated investments. In addition, the uncertainty over the current Bitcoin bull run also draws serious concerns.


At the time of writing, the flagship crypto asset trades at $83,359 after a 0.77% decline in the past day. Meanwhile, daily trading volume is down by 49.43% and is valued at $16.88 billion. BTC trading at $83,364.53 on the daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from StormGain, chart from Tradingview

News Feed

Spaceseven’s Game-Changing NFT Marketplace
Spaceseven’s Game-Changing NFT Marketplace press release PRESS RELEASE.Recently, on the 23rd of November, SpaceSeven launched its state-of-the-art NFT marketplace. The SpaceSeven
Social sim Today closes seed round to build Animal Crossings-like game with AI NPCs
Tristan Greene6 hours agoSocial sim Today closes seed round to build Animal Crossings-like game with AI NPCsThe project uses generative AI to power conversational nonplayer characters in a bespoke island metaverse.3004 T
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says Within the next decade, the U.S. dollar will play a much less dominant role th
YouNow Sees Strong Revenue Growth After SEC Approves Token Distribution
In a disclosure expected to be published Wednesday by the U.S. Securities and Exchange Commission (SEC), blockchain-based live-streaming company YouNow reported revenues have grown steadily since the release of its pr
Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration
Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration PRESS RELEASE. Megaupload creator Kim Dotcom announced this m
Bitcoin Live: How to Watch the Next Price Run or Crash in Real-Time
Bitcoin Live: How to Watch the Next Price Run or Crash in Real-Time Watching the bitcoin price move can be exhilarating, or at times soul-crushing, depending on the market. The u
Biggest Movers: DOGE Snaps Losing Streak as SOL Hits Fresh 6-Week High
Biggest Movers: DOGE Snaps Losing Streak as SOL Hits Fresh 6-Week High Dogecoin snapped a two-day losing streak on Thursday, as sentiment in crypto markets remained bullish. The me
CoinFLEX AMM+ Arena: Bring Your Competitive Edge to the AMM Experience
CoinFLEX AMM+ Arena: Bring Your Competitive Edge to the AMM Experience press release PRESS RELEASE. CoinFLEX, a crypto futures exchange, is the first centralized exchange to launch
Biden may rethink SAB 121 vote veto due to political support for crypto
Daniel Ramirez-Escudero6 hours agoBiden may rethink SAB 121 vote veto due to political support for cryptoThe U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President B
Sam Bankman-Fried sentenced to 25 years in prison
Turner Wright8 hours agoSam Bankman-Fried sentenced to 25 years in prisonJudge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds.11300
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector Dubai has adopted its first law to regulate the crypto sector. It has also estab
$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demand
Gareth Jenkinson2 hours ago$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demandVenture capitalist Tim Draper believes Bitcoin remains a vital hedge against devaluing fiat currencies.2072 Total views6 To