More than $1.67 billion left U.S. spot bitcoin and March Ethereum exchange-traded funds (ETFs), but investors brought in $13.3 million on March 12 as the BTC market price was close to $85,000, thus stopping bleeding.
As of March 12, spot Bitcoin ETFs attracted two days of inflows worth $35.4 million, according to Data to Farside Investors. On the other hand, there was only one time that the on-site Ether ETF recorded inflows, bringing $14.6 million on March 4.
Dot Bitcoin ETF daily stream data. Source: Farside Investors
Bitcoin ETF breaks out of stripes, flowing in $13.3 million
according to For Sosovalue, the cumulative net inflow of BTC ETFs confirmed the recent $13.3 million inflow on March 12, indicating that Bitcoin’s ETF outflow was paused.
The total transaction value of Bitcoin ETF is $2.01 billion, the lowest daily value since February 20. The inflows are contributed by three BTC funds: BlackRock’s Ishares Bitcoin Trust (IBIT), Ark 21 Shares Bitcoin etf (Arkb) and Grayscale Bitcoin Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Mini Etf (BTC).
Daily investment flows into spot Bitcoin ETFs. Source: Sosovalue
On the Ethereum side, the day of inflow contribute From Fidelity Ethereum Fund (FETH), located in Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE) and Grayscale Ethereum Mini Trust (ETH).
Click Ether ETF daily stream data. Source: Farside Investors
Market downturn and geopolitical tensions drive ETF outflows
Broader market downturns and macroeconomic uncertainty have contributed to ETF outflows driven by geopolitical tensions, trade wars and bearish investor sentiment.
Related: Crypto ETPs see outflows for the fourth consecutive week, totaling $876 million – Coinshares
Analysts say the lack of expectations for the specific implementation or failure of President Donald Trump’s strategic Bitcoin reserve plan has also exacerbated sales pressure.
While Bitcoin remains above $80,000, market observers warn that the upcoming EU retaliatory tariffs could introduce greater volatility, further affecting Bitcoin’s price trajectory.
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