Bitcoin ETFs See $768 Million Outflow In March As Price Slips, Crowd Sentiment Turns Cautious
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
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Source: Benzinga
Bitcoin Price and ETF Trends: In March, Bitcoin's price fell by 23% from its January peak, with significant ETF outflows totaling $767.9 million, reflecting bearish investor sentiment despite some isolated inflows in the market.
Market Influences and Comparisons: The broader economic landscape, including anticipated trade policies, has contributed to market uncertainty, while gold prices surged, highlighting contrasting performance between traditional assets and cryptocurrencies.
Analyst Views on FBTC
Wall Street analysts forecast FBTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 78.490
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Current: 78.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
