Bitcoin spot ETF products recorded approximately $1.2 billion in net inflows in March. However, this monthly total masked end-of-month panic selling that nearly derailed the recovery. Weeks of March 6 and 13 accounted for most of the inflows, with $568.45 million and $767.33 million respectively, before momentum slowed. During the week of March 20, inflows dropped to $95.18 million; then in the week of March 27, the trend completely reversed, turning negative with -$296.18 million, shaking investor sentiment. However, in the final days of March, the momentum shifted again. The week ending March 30 saw a net inflow of $69.44 million, and the weekly trend turned positive once more; thus, the monthly total remained positive. This late-minute rebound coincided with the defense of a critical technical support level on the Bitcoin price chart.

BTC-3,54%
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