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Triumphant Turnaround: Spot Bitcoin ETFs Witness Powerful $94.3M Inflow Surge

After a period of concern in the crypto market, there’s a palpable shift in sentiment. Investors are watching closely, and recent data offers a beacon of hope. For eight consecutive days, U.S. spot Bitcoin ETFs experienced net outflows, raising eyebrows and sparking debates about investor confidence. But, as the saying goes, ‘what goes down must come up,’ and on February 28th, the tide decisively turned. Let’s dive into the exciting details of this dramatic reversal and what it could mean for the future of crypto investment. Spot Bitcoin ETFs Experience Stunning Inflow Reversal Data from Farside Investors reveals a compelling story: U.S. spot Bitcoin ETFs collectively recorded a net inflow of $94.3 million on February 28th. This figure isn’t just a number; it’s a statement. It signifies a halt to the previous eight days of net outflows, injecting a fresh wave of optimism into the Bitcoin market . This turnaround is particularly noteworthy as it suggests renewed investor appetite and potentially signals the end of a short-term bearish trend for these investment vehicles. Which ETFs were the stars of this inflow surge? Let’s break down the key players: ARK Invest’s ARKB: Leading the charge with an impressive $193.7 million inflow. This substantial figure underscores strong investor confidence in ARK Invest’s approach to crypto asset management. Fidelity’s FBTC: Hot on ARKB’s heels, FBTC attracted a significant $176 million. Fidelity’s established reputation and robust investment platform likely played a crucial role in drawing in investors. Grayscale’s GBTC: While often discussed for its outflows, GBTC surprisingly saw a modest inflow of $5.6 million. This could indicate a stabilization in GBTC’s investor base, even amidst ongoing market dynamics. Bitwise’s BITB: Rounding out the inflow contributors, BITB added $4.6 million. Bitwise has been actively promoting its ETF, and this inflow reflects growing investor interest. To give you a clearer picture, here’s a table summarizing the inflows and outflows: Bitcoin ETF Net Inflow/Outflow (USD Millions) ARK Invest (ARKB) +$193.7 Fidelity (FBTC) +$176 Grayscale (GBTC) +$5.6 Bitwise (BITB) +$4.6 BlackRock (IBIT) -$244.6 VanEck (HODL) -$7.7 Decoding the ETF Outflows: What Happened with IBIT, GBTC, and HODL? While the overall picture is positive, it’s crucial to acknowledge that not all spot Bitcoin ETFs experienced inflows. BlackRock’s IBIT, despite being a major player, surprisingly saw a substantial outflow of $244.6 million. Additionally, Grayscale’s GBTC and VanEck’s HODL also experienced withdrawals of $33.3 million and $7.7 million, respectively. Why the divergence? Several factors could be at play: Profit Taking: Investors in IBIT, having witnessed significant gains since its launch, might be taking profits, leading to outflows. GBTC Dynamics: Despite a small inflow on this particular day, GBTC continues to face pressure from investors exiting positions acquired at lower prices before its ETF conversion. The higher fees associated with GBTC compared to newer ETFs could also be a factor. HODL’s Relative Newness: VanEck’s HODL, being a newer entrant, might be experiencing typical fluctuations as it establishes its market presence and investor base. Crypto Investment: Is This Inflow a Sign of Renewed Confidence? The $94.3 million net inflow into Bitcoin ETF inflows is undoubtedly a positive signal. It suggests that despite recent market volatility and concerns, there remains a strong underlying belief in the long-term potential of Bitcoin and crypto assets. This influx could be attributed to several reasons: Bottom Fishing: Savvy investors might view the recent price dips as buying opportunities, increasing their exposure to Bitcoin through ETFs at potentially lower entry points. Institutional Interest: Increased institutional participation could be driving these larger inflows, as institutions often make significant investments in tranches. Positive Market Sentiment: Broader positive news or developments in the crypto space, even subtle shifts, can influence investor sentiment and encourage inflows. Actionable Insights for Crypto Enthusiasts So, what can we take away from this latest data on ETF outflows and inflows? Market Sentiment is Fluid: The reversal from outflows to inflows highlights the dynamic nature of the crypto market. Sentiment can shift quickly, and staying informed and adaptable is crucial. ETF Performance Varies: Not all ETFs are created equal. The differing performance of ARKB, FBTC, IBIT, and GBTC underscores the importance of researching and selecting ETFs that align with your investment goals and risk tolerance. Long-Term Perspective: While daily inflows and outflows provide short-term signals, maintaining a long-term perspective on crypto investment remains essential. Bitcoin’s fundamentals and adoption continue to evolve, and short-term fluctuations are part of the journey. Conclusion: A Glimmer of Hope or a True Trend Reversal? The $94.3 million net inflow into U.S. spot Bitcoin ETFs is undeniably encouraging. It breaks an eight-day streak of outflows and suggests a potential resurgence of investor confidence. While it’s too early to declare a definitive trend reversal, this positive shift warrants attention. The performance of individual ETFs like ARKB and FBTC indicates strong interest in specific offerings, while outflows from IBIT and continued dynamics in GBTC remind us of the nuanced factors influencing ETF flows. As the crypto market continues to mature, monitoring these ETF flows will be vital for understanding market sentiment and the evolving landscape of digital asset investment. To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin price action.

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Crypto Trader Says Top Dogecoin and Shiba Inu Rival Could Crash 70%, Updates Outlook on Bitcoin and Solana

Cryptocurrency analyst and trader Ali Martinez is warning that a top memecoin could plunge significantly amid the market downturn. Martinez tells his 128,900 followers on the social media platform X that Pepe ( PEPE ) is “about to crash” after breaking down below the lower boundary of a parallel channel it has been trading in for almost a year. “Since March 2024, Pepe tends to drop to the lower support trend line and then it rises to the upper resistance trend line. From this level, Pepe tends to drop back to the lower support trend line and from here it rebounds again. But today, Pepe broke below the support trend line. Now a spike in selling pressure could push Pepe into a 70% price correction towards $0.00000316.” Source: Ali Martinez/X A parallel channel suggests that an asset is trading in an uptrend, printing higher highs and higher lows. A break below the diagonal trendline of the channel indicates that the uptrend has been invalidated. Pepe is trading at $0.00000769, down 73% from the all-time high price of $0.00002803 reached in December of 2024. Next up is Bitcoin ( BTC ). Martinez says that the moving average convergence divergence (MACD) indicator is flashing a bearish signal for Bitcoin in the weekly time frame. The MACD is an indicator used to determine trend direction and identify changes in momentum using the differences in the short-term and long-term exponential moving averages. “Every time the MACD has a bearish crossover on the weekly chart, Bitcoin has historically seen an average 40% correction. The MACD just flashed another bearish crossover!” Source: Ali Martinez/X Bitcoin is trading at $81,645 at time of writing. Turning to Solana ( SOL ), Martinez says that SOL must “defend” the crypto asset’s support level at around $125. Based on Martinez’s chart, it appears he is suggesting that if the $125 support level fails to hold, Solana could plummet to below $70. Source: Ali Martinez/X Solana is trading at $143 at time of writing. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Trader Says Top Dogecoin and Shiba Inu Rival Could Crash 70%, Updates Outlook on Bitcoin and Solana appeared first on The Daily Hodl . Bitcoin World

Master Traders Wanted: Bybit Launches Half-Million USDT Crypto Challenge

DUBAI , UAE , March 1, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has launched an exclusive derivatives trading challenge featuring USDT—the leading USD-denominated stablecoin—with a substantial prize pool of 500,000 USDT . Throughout March, advanced crypto traders participate in the Bybit USDT Derivatives Trading Challenge for a share of the half-million USDT prize pool. The tiered benefits are as accessible as USDT itself—participants will receive USDT bonuses proportional to their contribution to the event’s total trading volume, regardless of PnL% performance. This inclusive approach ensures both individual qualified traders and institutional participants can earn supplementary rewards beyond their potential trading gains. From now to Mar. 31 , participants may sign up for the event and start accumulating eligible trading volume in USDT derivatives products on Bybit. The more they trade, the larger their share of the prize pool. “This Bybit-exclusive trading challenge demonstrates USDT’s instrumental role in powering sophisticated trading opportunities that were once limited to traditional finance. By fusing Bybit’s professional-grade trading infrastructure with USDT’s stability, we’re empowering traders to unleash their full potential and earn additional rewards while navigating the dynamic world of derivatives trading,” said Joan Han , Sales and Marketing Director at Bybit . With a market cap exceeding $140 billion , USDT has held its throne as the most traded stablecoin since its launch in 2014. By maintaining a steady one-to-one peg with the US dollar, USDT is blockchain’s answer to the need for a stable, borderless medium of exchange. In the fast-moving derivatives markets, USDT offers a trusted anchor for agile trading strategies with the reliability of the US dollar. The central role of USDT in this trading challenge reflects both its dominance in the digital economy and its success in expanding access to sophisticated trading instruments like options and futures, particularly in regions underserved by traditional financial infrastructure. Users may find more about the event, eligibility requirements and other terms and conditions: [USDT Festival] Derivatives Trading Challenge: Trade to Win a Share of 500,000 USDT #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Bitcoin World