financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Bitcoin ETFs See a Glimmer of Hope as Inflows Hit a 6
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bitcoin ETFs See a Glimmer of Hope as Inflows Hit a 6
Mar 18, 2025 12:04 AM

After weeks and weeks of consecutive days deep in the red, the spot Bitcoin ETFs registered their best day since February 4 in terms of net inflows on Monday.

However, the same cannot be said about the spot Ethereum ETFs, as their negative streak has extended to nine days.

BTC ETFs Return?

The spot BTC ETFs in the States enjoyed most of their initial year in 2024 and the beginning of 2025. However, Trumps controversial tariffs, as well as fears of inflation or stagflation in the US, changed the entire narrative, and investors started pulling capital out of them in early February. In fact, only seven out of the 28 trading days since February 5 have been in the green.

As reported earlier, the previous week was another annihilation, with over $800 million leaving the funds, according to data from FarSide. However, the glimmer of hope came on Monday as investors poured in $274.6 million in net inflows, making it the best day since February 4.

Fidelitys FBTC was the most obvious beneficiary, gaining $127.3 million, followed by Ark Invests ARKB ($88.5 million) and BlackRocks IBIT ($42.3 million). Whats even more positive was the fact that no spot BTC ETF registered any reportable withdrawals, even Grayscales.

There was a little impact on BTCs price as the asset jumped toward $85,000 but was stopped in its tracks and driven below $83,000 as of press time.

Ethereum ETFs Continue to Suffer

Although the BTC ETFs have broken their negative streak, the Ethereum counterparts are yet to show a substantial recovery. The past nine trading days have seen only withdrawals. Moreover, only one of the last 18 days has been with minor net inflows (March 4 $14.6 million).

The funds tracking the performance of the biggest altcoin have registered net outflows worth $663.2 million since February 20.

Even Monday, which was a positive day for the BTC ETFs, saw a minor net outflow of $7.3 million, all of which came from Grayscales ETHE.

ETHs price has been battered in the past few months, losing over 30% of its value since this time in February. It has been unable to reclaim the $2,000 line and continues to struggle below it.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink
Mar 18, 2024
Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease of $137.9 million or 22% from the $640.3 million recorded in the previous year. Core Scientific said that it had successfully mined 19,274 BTC (valued at approximately $1.4 billion) during 2023 despite undergoing bankruptcy. Core Scientific Reports Revenue FallAccording to...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
Copyright 2023-2025 - www.financetom.com All Rights Reserved