US Bitcoin ETFs End Outflow Streak with $13.3M Inflow
After experiencing significant outflows throughout March, US Bitcoin exchange-traded funds (ETFs) have finally reversed the trend, recording a $13.3 million inflow on March 12. This marks the end of a seven-day streak of withdrawals, as Bitcoin's price edges closer to $85,000 despite ongoing macroeconomic concerns and geopolitical instability.According to data from Farside Investors, spot Bitcoin ETFs saw $35.4 million in inflows over two days, helping offset the $1.33 billion in outflows that had occurred earlier in the month. Meanwhile, spot Ether ETFs reported a single day of inflows, bringing in $14.6 million on March 4.
Bitcoin ETF Market Activity
Sosovalue data confirmed the $13.3 million inflow on March 12, signaling a temporary halt in the capital exodus from Bitcoin ETFs. The total trading volume for Bitcoin ETFs that day amounted to $2.01 billion, the lowest since February 20. The inflows came from three major Bitcoin funds:
- BlackRock’s iShares Bitcoin Trust (IBIT)
- ARK 21Shares Bitcoin ETF (ARKB)
- Grayscale Bitcoin Mini Trust ETF (BTC)
On the Ethereum side, the only inflow recorded came from the Fidelity Ethereum Fund (FETH), Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), and the Grayscale Ethereum Mini Trust (ETH).
Macroeconomic Pressures and Market Reactions
The ETF outflows have been largely attributed to broader market downturns, geopolitical tensions, and bearish investor sentiment. Factors such as trade wars and macroeconomic uncertainties have contributed to heightened volatility.
Additionally, analysts point to the lack of clarity on former President Donald Trump’s proposed Strategic Bitcoin Reserve Plan, which has led to increased selling pressure despite Bitcoin maintaining levels above $80,000.
Potential Market Volatility Ahead
While the recent inflows suggest renewed investor confidence, market analysts warn that upcoming European Union retaliatory tariffs could introduce further instability, potentially impacting Bitcoin’s price trajectory in the weeks ahead.
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