{"id":18659,"date":"2025-03-23T15:31:31","date_gmt":"2025-03-23T15:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18659"},"modified":"2025-03-23T15:31:31","modified_gmt":"2025-03-23T15:31:31","slug":"us-bitcoin-etfs-end-outflow-streak-with-744-million-weekly-influx-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18659","title":{"rendered":"US Bitcoin ETFs End Outflow Streak With $744 Million Weekly Influx \u2014 Details"},"content":{"rendered":"
\n

The US-based Bitcoin ETFs (exchange-traded funds<\/a>) have been on a negative streak of capital outflows in the past few weeks, reflecting dwindling appetite and worsening sentiment amongst investors. However, the latest daily performances of these crypto-based financial products suggest that fresh demand might be growing among investors.<\/p>\n

Bitcoin ETFs Close Positive Week With $83 Million Net Inflow<\/b><\/h2>\n

According to the latest market data<\/a>, the Bitcoin ETFs in the United States continued their hot streak of capital influx, registering a daily total net inflow of $83.09 million on Friday, March 21. This fresh capital inflow marked the sixth consecutive day of net daily inflows for the crypto products.<\/p>\n

On Friday, only two of the Bitcoin ETFs witnessed any form of investor activity. BlackRock saw the highest amount of value ($104.99 million) added to its exchange-traded fund iShares Bitcoin Trust<\/a> (with the ticker IBIT); while Grayscale Bitcoin Trust (GBTC) posted a daily net outflow of $21.9 million to close the week.<\/p>\n

Nevertheless, this $83.09 million performance brought the Bitcoin ETFs\u2019 weekly record to a staggering $744.35 million weekly total net inflow. Interestingly, this previous week\u2019s record put an end to five consecutive weeks of total net outflows from the exchange-traded funds.<\/p>\n

\"Bitcoin<\/p>\n

Data from SoSoValue shows that the US Bitcoin ETF market witnessed a total withdrawal of $5.39 billion over those five weeks of negative outflows. Specifically, the crypto-based financial products witnessed a daily total net outflow of over $1.14 billion on February 25.<\/p>\n

The magnitude of outflows witnessed by the Bitcoin ETFs has been associated with the uncertain climate of the US financial markets<\/a>. Since the United States President Donald Trump resumed office, the markets have been plagued with fears of a global trade war, interest rate decisions, and so on.<\/p>\n

Bitcoin Price Unreactive To ETF Inflows<\/b><\/h2>\n

Since their launch, there has been a discussion around the impact of US Bitcoin ETFs\u2019 performance on the price of the flagship cryptocurrency<\/a>. As seen in the recent consecutive weeks of net outflows, the Bitcoin price tends to struggle whenever ETF investors are leaving the market.<\/p>\n

However, the premier cryptocurrency seems stuck in a consolidation range despite the fresh demand for the US Bitcoin ETFs. However, a sustained demand for its exchange-traded funds might be the positive catalyst for the Bitcoin price to resume its upward trend.<\/p>\n

As of this writing, the price of BTC is hovering around the $84,000 mark, reflecting no significant change in the past 24 hours. According to data from CoinGecko, the market leader has barely recorded any notable movements in the past week.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The US-based Bitcoin ETFs (exchange-traded funds) have been on a negative streak of capital outflows in the past few weeks, reflecting dwindling appetite and worsening sentiment amongst investors. However, the latest daily performances of these crypto-based financial products suggest that fresh demand might be growing among investors. Bitcoin ETFs Close Positive Week With $83 Million […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18659","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18659"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18659\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}