Bitcoin spot exchange-traded funds (ETFs) had a pretty good week at the end of Q1 2025, attracting around $200 million in new money. This is a nice turnaround after some heavy withdrawals earlier in March.
Ten Days of Gains
Data shows that Bitcoin ETFs saw positive net flows for ten straight trading days before a small dip on Friday. This suggests growing investor confidence after a bearish February and early March.
Who Got the Money?
BlackRock’s IBIT ETF was the big winner, attracting $171.95 million. Fidelity’s FBTC got $86.84 million, and VanEck’s HODL saw a smaller inflow of $5 million. On the other hand, Ark Invest’s ARKB saw $40.97 million in withdrawals, and a few others also experienced some redemptions. Some ETFs, like Grayscale’s and Franklin Templeton’s, saw little change.
Q1 Wrap-Up and Future Outlook
Q1 ended on a mixed note. January saw huge inflows ($5.25 billion!), but February and March saw significant outflows ($4.25 billion). The recent positive trend is encouraging, and a potentially pro-crypto stance from the Trump administration could boost institutional investment.
However, there are still some uncertainties. Potential Fed rate hikes, tariff changes, and the overall uncertainty around the current Bitcoin bull run could cause investors to pull back from riskier assets. Bitcoin’s price is currently down slightly, and trading volume is significantly lower.
