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Home Cryptocurrency Altcoins

rewrite this title Bitcoin ETFs End the Day on a Net Negative,

Michael Ndu-okeke by Michael Ndu-okeke
March 14, 2025
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rewrite this content using a minimum of 1000 words and keep HTML tags

Bitcoin exchange-traded funds (ETFs) in the U.S. have seen fluctuating inflows in 2025. The 11 ETF products have recorded consecutive days of outflows leading up to yesterday. 

Since their debut in January 2024, spot Bitcoin ETFs have amassed $15.6 billion in cumulative net inflows, 

The ETFS serves as a gateway for institutional and retail investors into cryptocurrency. 

Farside Investors UK revealed that Fidelity’s FBTC led the day’s outflows, losing $75.5 million. ARK 21 shares ARKB and followed suit, losing $60.2 million.

The remaining ETF funds recorded outflows under $20 million, while Blackrock’s IBIT recorded the only inflow for the day, pulling in $45.7 million. 

The sentiment around Bitcoin is mixed following the market’s recovering from a severe downturn. 

Bitcoin’s price sits at $83,000, a massive recovery from its dip to $70,000 last week. 

The Fear & Greed Index is hovering around 27 (Fear) per CoinCodex, indicating a bearish undercurrent among traders. Technicals like a falling 50-day moving average and an RSI of 38.36 reinforce this, signaling neutral-to-oversold conditions.

Coinpedia Analysts warn that a correction will persist into April, though Trump’s pro-crypto stance and the incoming SEC Chair, Paul Atkins, fuel long-term hope. 

Changelly predicts a possible dip to $82,149.79 this month, with a ceiling at $109,200.97. This reflects the tug-of-war between bearish pressures and bullish fundamentals. 

The SEC is still in transition mode. Mark Uyeda currently chairs it. Incoming Chairman Paul Atkins is rumoured to be strongly pro-crypto, and his administration aligns with Donald Trump’s pro-crypto agenda. 

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