Bitcoin ETFs see $744.4 million inflow, Ethereum ETFs outflows continue, market sentiment positive

From Cointelegraph
March 24, 2025 06:25 am:

Spot Bitcoin ETFs in the US saw a $744.4 million net inflow, breaking a five-week outflow streak. BlackRock’s IBIT led with $537.5 million, followed by Fidelity’s FBTC with $136.5 million. This comes after a bearish period in the crypto market and global economy. Bitcoin hit an all-time high of $109,000 in January.

Meanwhile, Ethereum ETFs continued their four-week net outflow streak, with $102.9 million leaving the market. BlackRock’s ETHA contributed $74 million to the outflows. Despite this, institutions are increasing their exposure to Ethereum, with BlackRock’s BUIDL fund now holding a record $1.15 billion worth of Ether.

Market sentiment in the crypto space has improved, with the Fear & Greed Index rising to 45% from 32%. However, Singapore-based investment firm QCP Capital warns of potential risks due to upcoming tariff escalations on April 2. Investors are advised to remain cautious despite the positive sentiment.

Read more at Cointelegraph: Bitcoin ETFs log first net inflows in weeks, while Ether outflows continue