🪙 Why Are Bitcoin ETFs Dumping Their BTC?

Record outflows from ETFs, but one party keeps buying.

You're receiving this email because you're subscribed to Future Finance from Benzinga. To manage your subscription, click the link at the bottom of this email.


Gm and Happy Monday!

Bitcoin ETFs have cooled on king crypto: they’ve seen over $5.5 billion in net outflows in the last five weeks.

Strategy has bought more Bitcoin and brought it’s total stack to over 2.1% of the entire BTC supply — here’s how much Saylor bought last week.

Plus, the Fed’s next decision could shift markets in an instant. Nic Chahine is going live on Wednesday, March 19, at 6 PM ET to show traders exactly how to track smart money moves, execute precise trades, and take advantage of the volatility before and after the announcement.

Don’t miss this opportunity—reserve your seat now.

TOP STORY

Over the past five weeks, the group of 12 Bitcoin ETFs has collectively shed more than $5.5 billion, according to data compiled by Bloomberg.

The outflows, the longest since the funds launched, began shortly after Trump returned to the White House, illustrating that investor caution over trade tensions is currently outweighing the administration’s crypto-friendly stance.

But experts think this is just a bump in the road to new highs for Bitcoin.

What are they saying comes next?

SPECIAL OFFER

The Fed’s next decision could shift markets in an instant. Nic Chahine is going live on Wednesday, March 19, at 6 PM ET to show traders exactly how to track smart money moves, execute precise trades and take advantage of the volatility before and after the announcement.

Don’t miss this opportunity—reserve your seat now.

QUICK N DIRTY

Dogecoin is down 50% from the $50 billion it was worth on inauguration day. What is going on with DOGE?

Bitcoin and altcoins still have a positive outlook, according to a prominent trader who remains defiant despite being down 45% on his investments.

Ethereum has to live with a lower price target for 2025 — Standard Chartered now just aims for $4,000 instead of $10,000 this year.

FINTECH FOCUS

Strategy has done it again and purchased another 130 Bitcoin to bring its total to over 2.3% of the total 21 million bitcoins that will ever be mined.

The acquisition comes as Strategy proceeds with plans to raise as much as $21 billion through a newly launched preferred stock program. The company disclosed that it sold roughly $10.7 million worth of its STRK shares last week.

Strategy also confirmed that it did not issue any shares under its previously authorized $21 billion equity program during the same period.

What are MSTR’s next steps?

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Cannabis Daily: A must-read daily briefing for cannabis investors, operators and enthusiasts. Join our list of industry veterans to jump start your morning. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.

Disclaimer: This communication from Benzinga is for informational purposes only. It is not intended to serve as a recommendation to buy, sell, or hold any security and is not an offer or sale of a security. Information contained within should not be perceived as a research report and is not intended to serve as the basis for any investment decision. Any third-party views reflected herein do not reflect the opinion of Benzinga. All investments involve risk and the past performance of a security does not guarantee future results or returns. There is always the potential for financial loss when investing in securities or other financial products. Investors should consider their investment objectives and risks before investing. Benzinga is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer’s securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information.