🚨 Only ONE Bitcoin Spot ETF in the Green This Month! 🚨
March has been brutal for Bitcoin spot ETFs, with just one fund managing to stay in the black while the rest drown in outflows.
📉 $1.6B in Outflows, Only $351M Inflows – Investors on the Run?
According to Farside Investors, Bitcoin spot ETFs have seen a massive capital flight this month, as bearish sentiment dominates the market. Even industry giants like BlackRock and Fidelity couldn’t escape the downturn:
🔻 BlackRock’s iShares Bitcoin Trust (IBIT):
$552M OUT vs. $84.6M IN – the hardest hit!
🔻 Fidelity’s Wise Origin Bitcoin Fund (FBTC):
$517M OUT vs. $136.5M IN – another heavy blow.
🔻 Grayscale Bitcoin Trust (GBTC):
$200M OUT – ZERO inflows.
But wait... there’s a survivor! 🦾
💰 Grayscale’s Bitcoin Mini Trust (BTC) is the only Bitcoin spot ETF that managed to stay afloat, attracting over $55M in inflows this month with zero outflows!
📊 Total Bitcoin Spot ETF Net Outflow (March 17): ~$1.3B 😱
🔮 Analysts predict that Bitcoin’s bearish cycle could last up to 12 months – are we entering a long winter, or is this the calm before the storm? 🌩
📢 What’s your take? Are institutions running scared, or is smart money gearing up for the next leg up? Let’s discuss! 👇🔥
