U.S. spot Bitcoin ETFs extend 10-day inflow streak as macroeconomic conditions improve
Portfolio Pulse from
U.S. spot Bitcoin ETFs have continued their 10-day consecutive inflow streak, with Fidelity's FBTC and BlackRock's IBIT leading the way. On March 27, the ETFs recorded a net inflow of $89.06 million, coinciding with Bitcoin's price rising from $82,780 to $85,123, representing an almost 3% increase. Despite the positive inflows, analysts remain cautious about Bitcoin's near-term outlook due to ongoing macroeconomic uncertainties.
March 28, 2025 | 10:45 am
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POSITIVE IMPACT
Bitcoin price increased from $82,780 to $85,123, marking an almost 3% rise during the 10-day ETF inflow streak.
Positive ETF inflows and improving macroeconomic conditions contribute to Bitcoin's short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 95
RELEVANCE 100
POSITIVE IMPACT
FBTC recorded the highest net inflow of $97.14 million, signaling strong investor interest in the Bitcoin ETF.
Highest daily net inflow suggests positive investor sentiment and potential short-term price appreciation for the ETF.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
IBIT, the largest spot BTC ETF by net assets, recorded an inflow of $3.97 million, contributing to the positive trend.
Consistent inflows indicate sustained investor interest in BlackRock's Bitcoin ETF.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85