{"id":18794,"date":"2025-03-24T14:31:46","date_gmt":"2025-03-24T14:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18794"},"modified":"2025-03-24T14:31:46","modified_gmt":"2025-03-24T14:31:46","slug":"bitcoin-etfs-in-the-green-again-but-ethereum-still-bleeding-funds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18794","title":{"rendered":"Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds"},"content":{"rendered":"
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The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected.<\/p>\n

According to data from CoinGlass, spot Bitcoin ETFs recorded<\/a> inflows every trading day for the past week, while Ethereum ETFs continued<\/a> seeing outflows. In contrast to Ethereum ETF outlaws, ether\u2019s (ETH) value has risen by almost 10% in the last seven days, climbing above $2,000.<\/p>\n

Bitcoin (BTC), on the other hand, is also up roughly 5%, trading around $87,330 at press time, per data from CoinMarketCap.<\/p>\n

Bitcoin ETFs Record Green Days<\/h2>\n

From March 17 to 21, spot Bitcoin ETFs collectively saw almost $745 million in positive flows. Nearly all the products witnessed inflows on one day or another; however, BlackRock\u2019s IBIT recorded the highest deposits throughout the week.<\/p>\n

The inflows followed weeks and consecutive days of massive outflows<\/a>. CryptoPotato<\/em> reported<\/a> that the products recorded their best day of net inflows since February 4 on Monday, with investors depositing more than $274 million in the funds.<\/p>\n

On that day, both IBIT, Fidelity\u2019s FBTC, Ark Invest\/21Shares\u2019 ARKB, and Bitwise\u2019s BITB saw inflows of $42.3 million, $127.3 million, $88.5 million, and $2.3 million, respectively. The rest of the funds, including Grayscale\u2019s GBTC, witnessed no outflows.<\/p>\n

By the next day, only IBIT saw more than $218 million in positive flows, while investors withdrew about $9 million from only ARKB. This brought the funds\u2019 collective inflows to $209 million. For the remaining trading days of the week, the funds recorded inflows totaling $11.8 million, $165.7 million, and $83.1 million, respectively.<\/p>\n

Ethereum ETF Outflows Persist<\/h2>\n

Ethereum ETFs\u2019 outflows persisted as the week progressed. Between Monday and Friday, investors withdrew a total of $102.9 million. No spot Ethereum ETF recorded positive flows except Grayscale\u2019s ETHE and 21Shares\u2019 CETH on Wednesday, March 19.<\/p>\n

On a monthly basis, investors have withdrawn at least $760 million from U.S. spot Ethereum ETFs. Selling pressure from these outflows was exacerbated by declining whale activity, with the number of addresses holding more than 10,000 ETH falling<\/a> sharply from 999 to 919.<\/p>\n

Although selling activity tied to ETF outflows exerted significant negative pressure on ether\u2019s price, the latest data evaluated by on-chain analyst Ali Martinez revealed ETH may be at a turning point. Whales bought<\/a> 470,000 ETH last week, and around 1.2 million ETH has left<\/a> crypto exchanges in the last 48 days, probably moving to cold storage.<\/p>\n

The post Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows. […]<\/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-18794","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\/18794","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=18794"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18794\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}