February ended badly and March was also a tough month for Bitcoin. During this whole time, the ETF flows have been a key driver of the price action and an important barometer for investor sentiment.
Now the moment of acute stress is far in the rear view, but the ETF flows continue to tell their stories.
Let's listen to what they have to say.
Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions.
Our team conducts rigorous quantitative research, developing proprietary metrics and institutional-quality visualizations that cut through the noise to reveal key market dynamics.
Each newsletter provides clear, actionable insights backed by data, delivered in a concise format that respects your time - five minutes to absorb, but deep enough to inform your investment strategy.
Join over 31,000 professional investors and fund managers:
Ready? Let's dig into the data.
ETF Flow Analysis: Bitcoin's $70,000 Support Likely to Hold
The Takeaway
Our updated ETF flows model confirms Bitcoin's March performance (-4% return, 7,000 BTC outflows) aligns with expectations.
The model maintains strong predictive power, with each 10,000 BTC of flow corresponding to roughly 4% price movement. While Bitcoin currently lags other asset classes with gold ETFs seeing dramatic inflows, early indicators suggest flow recovery is beginning.
Keep reading with a 7-day free trial
Subscribe to Ecoinometrics to keep reading this post and get 7 days of free access to the full post archives.