As March unfolded, Bitcoin ETF outflows surged, with investors retreating as fear gripped the market. Each week bore more redemptions, hitting nearly $800 million in just a few days. What sparked this sudden exodus was not just routine market volatility, but a powerful confluence of economic signals ā including the Federal Reserve's more hawkish outlook on interest rates and surprising policy announcements from the U.S. government. These factors culminated in a March 7 event that dramatically shifted market sentiment. Curious about what exactly caused this turning point? Dive into the full story to uncover the details.
Turbulent times for Bitcoin as ETF outflows continue in March Turbulent times for Bitcoin as ETF outflows continue in March
Bitcoin ETFs battered by relentless redemptions in March, fueled by interest rate fears and dashed policy hopes.
5 min read
Updated: Mar. 12, 2025 at 11:48 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Jerome Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term.
Donald John Trump was born on June 14, 1946, in Queens, New York City.
