JPMorgan Analysts See Signs of Recovery in the Market Despite Outflows from Bitcoin ETFs! Here are the Details

Bitcoin exchange-traded funds (ETFs) are experiencing a major sell-off with total outflows approaching 1 billion dollars in the last two days.

Bitcoin ETF outflows nearing 1 billion dollars, but JPMorgan sees signs of recovery

According to a report published by JPMorgan, investors are aggressively liquidating their assets, with Fidelity and BlackRock leading this exodus.

On Monday, there was a $430 million outflow in Bitcoin ETFs, while on Tuesday, there was another $399 million outflow, bringing the total outflow to $829 million within 48 hours.

Market Stability Signs Show

Despite the mass exodus, Bitcoin reversed its five-day losing streak, trading around $83,000 in the past 24 hours, gaining 0.5%. JPMorgan analysts say this indicates that while market uncertainty persists, pessimism may be diminishing.

Bitcoin dropped to $77,000 on March 11, 2025, the lowest level of 2025, due to concerns about President Donald Trump's customs tariff policies and broader economic instability in the US. Some analysts predict further declines down to $74,000 if selling pressure continues.

Major Bitcoin ETF providers saw a breakout on Tuesday:

• BlackRock ETFs: After losing 90 million dollars on Monday, it lost 151 million dollars on Tuesday.
• Fidelity FBTC: After a withdrawal of 135 million dollars one day ago, it saw an outflow of 107 million dollars.
• Valkyrie BRRR: Investors withdrew 32 million dollars from the fund.
• Franklin Templeton: 34 million dollars worth of outflow occurred.

Market uncertainty is still high, but JPMorgan analysts believe that the worst of the ETF outflows may have come to an end with Bitcoin gaining stability. Investors will now be watching whether the market can maintain its current levels or if downward risks will persist.