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.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

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 – 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.