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Cryptocurrency News Articles
Spot Bitcoin ETF Inflows Have Once Again Come Back into Positive Territory
Mar 19, 2025 at 12:47 pm
Spot Bitcoin ETF inflows have once again come back into positive territory with BlackRock's iShares Bitcoin Trust (IBIT) leading the flows.
The crypto market has seen better days, with Bitcoin struggling to stay afloat above the $83,000 level despite recent efforts by BlackRock Bitcoin ETF to boost institutional demand.
After a series of consecutive outflows over the last few weeks, the BlackRock (NYSE:BLK) Bitcoin ETF (NYSE:IBIT) has now seen fresh flows come in once again over the last two trading sessions.
On Tuesday, IBIT scooped a total of 2,660 Bitcoins, or about $217.26 million, at the last check. This marks the highest single-day inflow for the ETF since February 4, 2025, reports analyst Trader T.
Moreover, trading activity around $IBIT also surged, with the ETF recording a substantial $1.6 billion in trading volume. This sharp uptick in inflows and activity underscores renewed investor interest in Bitcoin amid ongoing market developments.
Institutions May Be Returning To BTC
After a sustained period of outflows, crypto market internals have started to come around with new data showing that greater institutional interest in BTC is returning.
As per the latest data from Glassnode, the long-term holder cohort has continued to accumulate at every dip. In fact, this Bitcoin cohort has accumulated a staggering 167,000 BTC—valued at nearly $14 billion—in the past month alone.
This level of institutional accumulation is a testament to the enduring belief in Bitcoin as a hedge against inflation and macroeconomic uncertainty.
On the other hand, Michael Saylor’s MicroStrategy (NASDAQ:MSTR) is planning to raise $500 million for more BTC purchases. The company, now operating under the name Strategy (NASDAQ:STR), is planning to issue 5 million shares of its 10.00% Series A Perpetual Strife Preferred Stock. Each share of the perpetual preferred stock is set at a stated value of $100.
The Series A preferred shares will be sold in a private placement to an existing investor, who has already agreed to purchase all shares at the offering price.
While BTC price has been facing the brunt of Trump tariff war, Bitwise CIO Matt Hougan said that it won’t stop Bitcoin from reaching $1 million in the long term.
Will BTC Price Regain $90,000 Quickly?
Although BlackRock Bitcoin ETF inflows have once again come into positive territory, the Bitcoin price is still flirting under $90,000 recently. Crypto analyst Ali Martinez has also pointed out that BTC faces rejection at the 200-day Simple Moving Average (SMA) at around $84,000. Additionally, the 50-day SMA is presenting an extra hurdle, positioned at the $91,000 mark.
On the downside, if Bitcoin doesn’t hold above $80,000, it can further lead to a drop to $75,000 and lower. The Federal Reserve Interest rate decision coming on Wednesday would be crucial to deciding further BTC action from here.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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