Nearly all United States spot Bitcoin exchange-traded funds (ETFs) had net negative performances in March as analysts expect a bearish Bitcoin trend of up to 12 months. Farside Investors data showed that spot Bitcoin ETFs struggled in March, with net outflows surpassing their monthly net inflows. Asset manager BlackRock’s iShares Bitcoin Trust ETF (IBIT) suffered the most, with outflows...
source: https://cointelegraph.com/news/us-bitcoin-etfs-1-6b-outflows-march-bear-market-signs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound