After a period of continuous outflows, Bitcoin ETFs have just recorded a capital influx of over 500 million USD in the past 3 days. This recovery comes from investor confidence as BTC prices stabilize and market risk sentiment gradually improves.
Bitcoin ETFs Witness Capital Flowing Back – A Positive Signal for the Market?
📌 According to data from Farside Investors, the three largest Bitcoin ETFs are:
ARK21Shares Bitcoin ETF (#ARKB ) attracted 180 million USD
BlackRock iShares Bitcoin Trust (#IBIT ) recorded 169.6 million USD
Fidelity Wise Origin Bitcoin Fund (#FBTC ) received 136.5 million USD
💰 In total, over 500 million USD has flowed back into Bitcoin ETFs in the past 3 days, after 5 consecutive weeks of outflows due to concerns about economic instability and geopolitical tensions.
Why Is Capital Flowing Back Into Bitcoin ETFs?
🔸 Bitcoin price recovery: BTC is currently trading around 84,500 USD, up over 3% in the past 24 hours.
🔸 Institutional investors adjust their portfolios: The end of the quarter is a time when funds restructure their portfolios, leading to capital flowing back into profit-generating assets like Bitcoin ETFs.
🔸 Fed's monetary policy: Investors expect the U.S. Federal Reserve (Fed) to continue its loose monetary policy, benefiting risk assets like cryptocurrencies.
📊 68% of traders on the platform predict MYRIAD believe that Bitcoin will remain above 83,000 USD until March 23, indicating a positive sentiment is returning.
Bitcoin ETFs Manage 100 Billion USD – A Booming Success
🔥 Since its launch last year, 11 Bitcoin ETFs have achieved total assets of approximately 100 billion USD. The BlackRock IBIT fund alone has attracted nearly 40 billion USD despite recent BTC price corrections.
📉 Nevertheless, Bitcoin has still decreased by over 11% in the past month, primarily due to concerns about economic recession, political instability, and trade wars.
💡 Does the returning capital signal a major recovery for Bitcoin and the entire market? Let’s wait and see! 🚀