On March 17, 2025, US spot Bitcoin ETFs recorded a net inflow of $274 million, marking the largest single-day increase since February and highlighting renewed interest from institutional investors.
$274 Million Recorded in a Single Day for ETFs
US spot Bitcoin ETFs witnessed their largest daily net inflows in six weeks, totaling $274 million on March 17, 2025. This marks a major reversal following a period of consistent outflows. Eric Balchunas, Senior ETF Analyst at Bloomberg, noted: 'Spot bitcoin ETFs just had their biggest inflow day ($274m) since Feb 6. Quite the reversal after six straight days of outflows totaling $1.4b. BlackRock's IBIT led the way with $127m in, followed by Fidelity's FBTC with $89m.'
Bitcoin Price Rises Amid ETF Activity
The latest price data indicates that Bitcoin is currently trading at $85,200, up 0.83%. Analysts predict these movements might exhibit previous market trends, given the current price environment. Experts suggest a positive short-term outlook but urge caution, noting the volatile nature of the market. Historical patterns show the price is still down 2.15% over the past week.
Inflow Follows $1.4 Billion in Previous Outflows
This inflow follows a six-day period of outflows totaling $1.4 billion. A similar high volume inflow was last observed on February 6, 2025, when $512 million was recorded. James Seyffart, ETF Research Analyst at Bloomberg Intelligence, highlighted the event as a 'positive indicator for the Bitcoin ETF market, echoing sentiments of a possible trend change, although still too early to confirm.'
The $274 million inflow into US spot Bitcoin ETFs signals a renewed interest in Bitcoin among institutional investors. However, experts advise continued caution due to the market's volatility.
