Bitcoin ETFs record fourth consecutive week of outflows, amid macroeconomic concerns

The weekly flows for the FNB Bitcoin Spot remained negative for the fourth consecutive week, because the macroeconomic factors continued to weigh heavily on the feeling of investors.

According to data From Sosovalue, the 12 ETF Bitcoin of 12 points recorded another week of releases from March 3 to 5, with nearly $ 800 million that left the funds. This follows a week of record outings which experienced more than $ 2.61 billion in redemptions, extending the negative flow sequence at four consecutive weeks with total net outings greater than $ 4.5 billion.

In particular, the ETF Bitcoin recorded net negative flows all last week, from $ 74.19 million on Monday, followed by $ 143.43 million, $ 38.3 million, $ 134.26 million and culminating in the largest outing of $ 409 million on Friday.

On the last day of the week, Arkb and 21Shares d’Arkb led the outings with $ 160.03 million, followed closely by the FBTC in Fidelity, which saw $ 154.89 million withdrawn by investors. Other major ETF issuers, including the IBIT of Blackrock, the Graycale GBTC and the Bitwise BITB, have also experienced $ 39.85 million, $ 36.46 million and $ 18.6 million, respectively. Vaneck’s Hodl was the only fund to reverse the trend, recording a modest influx of $ 619.55,000.

Meanwhile, the nine Funds of Ethereum also reported two consecutive weeks of negative flows, with $ 455 million out of the funds, reflecting a wider lower feeling on the cryptography market.

Despite a general expectation that the White House crypto summit could give a boost to the market, the Bitcoin ETF continued their downward trend. Analysts attribute this decline to ongoing macroeconomic concerns, in particular the president Donald Trump’s commercial prices And global economic uncertainty, which seem to shake the confidence of investors in digital assets.

Some experts suggest that strategic market changes also contribute to sale. A dominant theory is that hedge funds have capitalized on low -risk arbitration transactions between FNB Bitcoin Spot and CME term contracts. As these transactions relax, dry liquidity, resulting in increased sales pressure and exacerbating ETF outputs.

Another factor influencing recent Bitcoin price oscillations is Trump’s announcement of the Bitcoin Strategic Reserve and the Stock of the US digital asset. While many traders expected the top of the crypto to be a bull, Bitcoin (BTC) The price went from $ 90,000 to $ 85,000 after signing the decree.

According to Kadan Stadelmann, CTO de Komodo, the ETF Bitcoin experience major outings despite the creation of the Strategic bitcoin reserve Due to a classic case of “buying the rumor, selling the news”. In such scenarios, assets generally increase in anticipation of an event but decrease once it materializes.

Stadelmann noted that speculation on the Bitcoin Strategic Reserve began in July 2024 when Trump mentioned the initiative for the first time. As the official announcement was made at the Summit of Cryptography on Thursday, the market had already evaluated it, leading to a sale.

He added that in these situations, “people who are less informed, connected and overcome often buy news and lose money.” In addition, the summit took place for a difficult period for the market, with concerns about the commercial prices aggravating existing concerns about inflation, the slowdown in the real estate market, low consumption spending and the drop in economies.