cryptotech.gg-logo cryptotech.gg-logo
  • News
  • Markets
    • Crypto Stocks
    • Price Analysis
    • Price Calculator
    • Price Prediction
  • Cryptocurrency
    • Bitcoin
      • Bitcoin Cash
      • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Shiba Inu Coin
    • Solana
    • TRON
    • USD Coin
  • Crypto Wallets
  • Crypto Gaming
    • GameFi
  • Reviews
  • Best Anonymous Casinos
  • Top Bitcoin Casinos
  • Top Mobile Casinos
  • Top New Casinos 2025
Reading: US Bitcoin reserve causes $370M ETF outflows Farside
Share
Font ResizerAa
Crypto TechCrypto Tech
  • News
  • Markets
  • Cryptocurrency
  • Crypto Wallets
  • Crypto Gaming
  • Reviews
  • Best Anonymous Casinos
  • Top Bitcoin Casinos
  • Top Mobile Casinos
  • Top New Casinos 2025
Search
  • News
  • Markets
    • Crypto Stocks
    • Price Analysis
    • Price Calculator
    • Price Prediction
  • Cryptocurrency
    • Bitcoin
    • Dogecoin
    • Ethereum
    • Litecoin
    • Shiba Inu Coin
    • Solana
    • TRON
    • USD Coin
  • Crypto Wallets
  • Crypto Gaming
    • GameFi
  • Reviews
  • Best Anonymous Casinos
  • Top Bitcoin Casinos
  • Top Mobile Casinos
  • Top New Casinos 2025
CryptoTech | All Rights Reserved.

US Bitcoin reserve causes $370M ETF outflows Farside

Last updated: March 10, 2025 5:42 pm
Published: March 10, 2025
Share
US Bitcoin reserve causes $370M ETF outflows Farside


Your browser does not support the video tag.

After President Donald Trump signed an order to create a US Strategic Bitcoin Reserve on March 7, Bitcoin exchange-traded funds (ETFs) lost almost $370 million. This shook the cryptocurrency market. People thought the move would make people more confident in Bitcoin, but big investors were cautious, which caused the market to drop. Even though the statement was big, it didn’t say that the government would buy Bitcoin directly. This disappointed traders and caused a wave of sell-offs.

Understand Trump’s Bitcoin Reserve Order

President Trump signed an order on March 6 that established a Strategic Bitcoin Reserve and a digital asset stockpile to store other coins. However, at first, these reserves will only include things the government has taken back through court and police actions.

The order also told officials to investigate ways to get more Bitcoin without affecting the budget. This way, any extra purchases wouldn’t cost American taxpayers anything. The move showed that the government was becoming more interested in Bitcoin, but market players were disappointed that there were no large-scale purchases immediately.

Market Reaction and Bitcoin ETF Outflowbs

Google Finance says that Bitcoin’s price dropped more than 2% on March 7 after the news came out. Data from CME Group, the biggest derivatives exchange in the US, also showed that Bitcoin futures contracts dropped by more than 2%, which shows that the market is uncertain.

Institutional investors feared Bitcoin’s risk, which caused $370 million to leave Bitcoin ETFs.  Many traders were expecting a straight government-backed Bitcoin buying spree, which caused the market reaction. Because the executive order only covered a small area, it caused what some experts called a “buy the rumor, sell the news” event.

Bitcoin Long-Term Effects

Even though the market initially went down, some experts are still optimistic. Bitwise’s head of research, Ryan Rasmussen, said that the US Strategic Bitcoin Reserve could make other countries and big banks want to add Bitcoin amounts.  

Conclusion

The massive withdrawals from Bitcoin ETFs show investors are worried about the short term, but creating a US Strategic Bitcoin Reserve could be suitable for the long term. The fact that no one bought Bitcoin right away frustrated traders, but the move makes Bitcoin official nationally, which could lead to institutions and governments adopting it in the future.


Your browser does not support the video tag.

TAGGED:Ethereum
Share This Article
Facebook Email Copy Link Print
Previous Article Bitcoin fell after the US BTC reserve launch Bitcoin fell after the US BTC reserve launch—Scott Melker explains why
Next Article Banks and Crypto The OCC’s Silent Revolution Banks and Crypto The OCC’s Silent Revolution
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Your browser does not support the video tag.

Price Chart

Loading...
#NamePriceChanges 24hMarket CAPVolumeSupply
cryptotech.gg-logo cryptotech.gg-logo

Cryptotech.gg is the most genuine and authentic crypto website, that provides the best insights of market along with the latest news of trends.

Explore

  • Trending News
  • Top Litecoin Casinos
  • Best Ethereum Casinos
  • Top New Casinos 2025

CRYPTOTECH.GG​

  • About Us
  • Terms & Conditions
  • Contact
©Crypto Tech | All Rights Reserved.
  • Trending News
  • Top Litecoin Casinos
  • Best Ethereum Casinos
  • Top New Casinos 2025
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?