Bitcoin ETFs are experiencing massive outflows, nearing $1 billion in total. Despite this, the market shows signs of stabilization.
Bitcoin ETF Outflows
Investors are aggressively selling assets with Fidelity and BlackRock leading the way. On Monday, $430 million was pulled out from Bitcoin ETFs, followed by another $399 million on Tuesday, bringing the total to $829 million in 48 hours.
Market Shows Signs of Stability
Despite the massive sell-off, Bitcoin broke a five-day losing streak with a 0.5% gain in the past 24 hours, suggesting diminishing pessimism even as uncertainty remains. Bitcoin sank to a 2025 low of $77,000 on March 11 due to concerns over President Donald Trump's tariff policies and broader U.S. economic instability. Some analysts predict further declines, potentially to $74,000, if selling pressure persists.
Positions of Leading Bitcoin ETF Providers
Major Bitcoin ETF providers saw significant outflows on Tuesday:
* BlackRock ETFs lost $151 million on Tuesday after losing $90 million on Monday. * Fidelity FBTC saw an outflow of $107 million after $135 million was withdrawn the day before. * Valkyrie BRRR: Investors withdrew $32 million from the fund. * Franklin Templeton: $34 million exit.
Market uncertainty remains high, but JPMorgan analysts believe the worst of the ETF outflow may be over as Bitcoin stabilizes. Investors will now watch to see if the market can hold its current levels or if downside risks persist.
