Amid the ongoing Trump tariff war, the cryptocurrency market has experienced a major pullback during the last month of Quarter 1 (Q1) 2025. Notably, the market valuation has dropped by 4.31%, from 2.79 Trillion on 1st March to $2.67 on the 31st.
However, the price of Bitcoin has recorded a stable month as the price started and concluded the month around the same price range. On the other hand, the Bitcoin exchange-traded funds (ETFs) in the United States have concluded the month of March on a negative note.
Monthly Bitcoin ETF Flow.
As per the latest data, out of the 21 active market days, the 11 spot Bitcoin ETFs recorded a net flow of ~$3 billion. During this period, Bitcoin ETF recorded a positive flow for 10 days, whereas a negative flow was recorded for a total of 11 days, making it a bear-dominated month.
When combined with the 10 positive days, the total inflow recorded was $1,079.43 million. Conversely, $1,847.34 million worth of outflow was recorded when combined with the bearish days.
Due to a bearish pullback, the month started on a bearish note. This resulted in the BTC ETFs recording an outflow for 7 consecutive days. However, the streak ended with a positive flow of $13.3 million on 12th March. After this, the ETF displayed a mixed action for the next 2 days.
As the market stabilized and the odds favored the bulls, the Bitcoin ETFs experienced a positive flow for 10 consecutive days. However, on 28th March (Friday), the longest inflow run of the year ended. Reportedly, during the 10-day streak, an inflow of $1.07 billion was recorded into the funds.
Bitcoin Week Quarterly Performance Causes Chaos In the Market!
On 28th March, the Bitcoin quarterly performance report was released. As per the reports, Bitcoin experienced the worst Q1 since 2018 when the largest crypto token had crashed by ~50%. This further resulted in the Bitcoin ETF experiencing an outflow of $93.2 million.
With the conclusion of Q1 2025, Bitcoin has a YTD of -11.86% and is currently exchanging hands at $83,725. Notably, this is worse than the drop of Q1 2020 which was -10.87%.
A major setback was experienced following the announcement of President Trump’s U.S. reciprocal tariffs that is scheduled to come under effect on 2nd April 2025.
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