US Bitcoin ETFs saw $1.33 billion in outflows in March, but broke seven-day outflow streak as BTC approaches $85,000.
In March, over $1.67 billion flowed out of US spot Bitcoin and Ether exchange-traded funds (ETFs). However, as BTC’s market price neared $85,000, investors ended the outflow streak with a $13.3 million inflow on March 12.
As of March 12, spot Bitcoin ETFs recorded a $35.4 million inflow over two days, while spot Ether ETFs saw a single inflow event on March 4, totaling $14.6 million.
Bitcoin ETFs See First Inflows After Seven-Day Decline
According to Sosovalue, Bitcoin ETFs’ cumulative net inflows were confirmed with a $13.3 million inflow on March 12, signaling a temporary halt in Bitcoin ETF outflows.
On that day, Bitcoin ETFs recorded a total trading volume of $2.01 billion, marking the lowest daily value since February 20. The inflows came from three BTC funds: BlackRock’s iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB), and Grayscale Bitcoin Mini Trust ETF (BTC).
Ethereum ETF Market Sees Limited Recovery
On the Ethereum side, inflows were recorded on a single day, supported by Fidelity Ethereum Fund (FETH), Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Mini Trust (ETH).
Macroeconomic Risks and Geopolitical Tensions Pressure ETFs
The broader market downturn and macroeconomic uncertainties played a major role in ETF outflows, driven by geopolitical tensions, trade wars, and bearish investor sentiment. Analysts suggest that the lack of concrete implementation or unmet expectations regarding President Donald Trump’s Strategic Bitcoin Reserve plan also exacerbated selling pressure.
Despite Bitcoin maintaining levels above $80,000, market analysts warn that upcoming European Union retaliatory tariffs could introduce greater volatility, further influencing Bitcoin’s price trajectory.
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