The post BTC ETFs record second consecutive day of outflow on Monday appeared on BitcoinEthereumNews.com.

On the last day of March, US BTC ETFs saw net outflows of around $60 million. The only ETF that saw an inflow on Monday was BlackRock’s IBIT. Global crypto ETPs saw $226 million in net inflows last week, according to CoinShares’ weekly report. Bitcoin ETFs recorded their second consecutive day of outflows on Monday. On the last day of March, US BTC ETFs saw net outflows of around $60 million, as per Farside data. The only ETF that saw an inflow on Monday was BlackRock’s IBIT. IT registered a net inflow of around $15 million. BITB and ARKB recorded outflows of around $20 million and $23 million, respectively. Crypto ETPs in March After significant outflows in the first half of the month, institutional interest in cryptocurrencies rebounded in the latter part. US Bitcoin ETFs saw a massive 10-day streak of inflows. However, the streak came to a halt on Friday. On March 28, the ETFs saw a net outflow of around $93 million. Global crypto ETPs saw $226 million in net inflows last week, according to CoinShares’ weekly report. Bitcoin led the inflows, attracting $195 million, though total assets under management for Bitcoin ETFs remained at a post-US election rally low of $114 billion. Altcoin products reversed a four-week outflow streak, recording $33 million in net inflows. Among them, Ethereum saw $14.5 million, XRP $4.8 million, Solana $7.8 million, and SUI $4.0 million in inflows. Bitcoin in green ahead of ‘Liberation Day’ Bitcoin traded within the $85,000–$88,000 range last week before breaking below its lower boundary on Friday, leading to a 5.53% decline by Sunday. It stabilized around $82,500 at the start of the week and has since recovered above $84,000 as of Tuesday. The recovery was supported by Tether’s withdrawal of 8,888 BTC worth $735 million from Bitfinex’s…

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Filed under: News - @ April 1, 2025 1:27 pm