TLDR
US Bitcoin ETFs saw a $13.3 million inflow on March 12, breaking a seven-day outflow streak
Over $1.67 billion exited US spot Bitcoin and Ether ETFs in March overall
Despite a 25% BTC price drop in 2025, 95% of Bitcoin ETF investors continue to hold their investments
Total US Bitcoin ETF assets under management stand at $115 billion
Long-term Bitcoin holders added over 131,000 BTC to their wallets in the past month despite ETF outflows
US Bitcoin ETFs have broken their streak of outflows with a modest $13.3 million inflow on March 12. This comes as Bitcoin’s price inches closer to the $85,000 mark despite ongoing market uncertainties.
The inflow marks the end of a seven-day period of money leaving these investment vehicles. According to data from Farside Investors, spot Bitcoin ETFs had attracted $35.4 million worth of inflows spread across two days as of March 12.
March has been a challenging month for crypto ETFs overall. More than $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds during this period. The majority of this money came from Bitcoin ETFs, which saw $1.33 billion in outflows.
The recent $13.3 million inflow was contributed by three Bitcoin funds. These include BlackRock’s iShares Bitcoin Trust (IBIT), the ARK 21Shares Bitcoin ETF (ARKB), and the Grayscale Bitcoin Mini Trust ETF (BTC).
Trading volume for Bitcoin ETFs on March 12 reached $2.01 billion. This represents the lowest daily value since February 20, suggesting a possible slowdown in trading activity.
Ethereum ETFs have seen less investor interest during this period. They recorded inflows on just one occasion, bringing in $14.6 million on March 4. The funds that saw positive flows include the Fidelity Ethereum Fund (FETH), Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), and the Grayscale Ethereum Mini Trust (ETH).
Market experts point to several factors behind the recent ETF outflows. These include broader market downturns, macroeconomic uncertainties, geopolitical tensions, and trade wars. Bearish investor sentiment has also played a role in the exodus of funds.
Some analysts believe that unmet expectations regarding President Donald Trump’s Strategic Bitcoin Reserve plan have added to the selling pressure. This lack of concrete implementation has left some investors disappointed.
Despite the recent outflows, the overall picture for Bitcoin ETF investors remains strong. Data from Bloomberg shows that a massive 95% of investors continue to hold their ETF investments despite the strong Bitcoin price correction of 25% since the start of 2025.
The Bloomberg data shows that BTC ETF inflows have declined slightly to $35 billion. This is down from the peak of $40 billion, but still represents over 95% of investor cash holding firm through the downturn.
Currently, US Bitcoin ETFs manage a total of $115 billion in assets under management. This highlights the resilience of both retail investors and institutional players who have invested in these products.
Big institutional players maintain substantial exposure to these investment vehicles. For example, Goldman Sachs reportedly has more than $1.5 billion invested in Bitcoin ETFs.
Since mid-February, there have been massive outflows in Bitcoin ETFs. Nearly $5 billion has left these funds from their peak value. Recent data shows total outflows on March 13 were $135 million, with only BlackRock’s IBIT seeing net inflows of $45.7 million.
While ETF investors show mixed sentiment, long-term Bitcoin holders appear to be taking advantage of the market dip. According to crypto analyst Ali Martinez, these investors have added over 131,000 BTC to their wallets in the past month alone.
Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, commented on the current state of Bitcoin demand, noting that it appears “stuck” at present. Despite this sluggish activity, Ju emphasized that it is “too early to call it a bear market.”
Bitcoin was trading at $81,953 as of the most recent data, down 1.56% with daily trading volume dropping by 22% to under $30 billion. The Coinglass data shows that 24-hour liquidations have reached $75 million, of which $52 million comes from long positions being closed.
