HODL narxHODL

President Trump unveils a digital asset reserve. He hints at another game-changing announcement. Eric Trump says HODL. An omega candle is brewing🚀 I wake up rekt once again. The hardest market in history. But I’m still bullish. Exhausted, yet hopeful.

Swiss Central Bank Governor opposed to Bitcoin as reserve asset due to volatility Swiss National Bank (SNB) Governor Martin Schlegel said that he is against including Bitcoin ( $BTC ) as a national reserve asset due to volatility, liquidity and security concerns. According to Daily Hodl he added that cryptocurrencies do not meet the requirements that are associated with fiat currencies. Schlegel believes that cryptocurrencies are too volatile and do not have sufficient liquidity to be included in reserves. He also questioned the security of the blockchain that supports cryptocurrencies, claiming that there are bugs and they have “weak points.”

Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 3/2/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR

U.S. spot Bitcoin ETFs witness $94.3M in net inflows, reversing eight days of outflows U.S. spot Bitcoin $BTC ETFs saw a combined net inflow of $94.3 million on Feb. 28, according to data from Farside Investors. This net inflow marks a turnaround from eight consecutive days of outflows. ARK Invest's ARKB attracted the largest amount of $193.7 million. Other contributors were Fidelity's FBTC ($176 million), Grayscale's BTC ($5.6 million) and Bitwise's BITB ($4.6 million). In contrast, BlackRock's IBIT saw an outflow of $244.6 million. Grayscale's GBTC and VanEck's HODL also experienced withdrawals of $33.3 million and $7.7 million, respectively.

Within the past two weeks, the United States spot Bitcoin exchange-traded fund (ETF) market has witnessed massive outflows. Investors have consistently withdrawn their funds amid minimal or negative price movements for bitcoin (BTC). According to data from Farside Investors, the spot Bitcoin ETFs have recorded more than $3.6 billion in outflows since February 10. These funds have witnessed just one day of inflows out of the 12 trading days since February 10. ETFs See $3.6B Outflows On February 25, the spot Bitcoin ETF market witnessed its largest-ever single-day outflow. CryptoPotato reported that funds withdrawn from the products totaled $938 million; however, recent findings reveal that the outflows were much more than that. An update on Farside Investors’ site disclosed that the outflows were more than $1.138 billion. As earlier reported, FBTC accounted for the largest outflows at $344.7 million, and IBIT saw the second-largest at $164.4 million. It is worth mentioning that BlackRock’s IBIT has broken the record for its largest daily outflow of $332.6 million set on January 2. The ETF saw over $418 million in withdrawals on February 26, marking a new daily outflow high. Before Farside Investors updated its data, the site indicated that Ark Invest’s ARKB had recorded no inflows or outflows for February 25. However, the latest data has shown that the fund actually saw withdrawals worth over $126 million. Likewise, previous data indicated that CoinShares Valkyrie’s BRRR recorded $25.2 million in outflows; however, recent updates show withdrawals totaling $100 million. The same was the case with Grayscale’s Bitcoin Mini Trust ETF (BTC), which accounted for $85.8 million in outflows. The outflow figures for other spot Bitcoin ETFs remained the same after the update, with VanEck’s HODL still accounting for the lowest withdrawals at $10 million. BTC Falls Below $83K Withdrawals from the spot Bitcoin ETFs have been increasing over time, with some of the largest figures recorded this week. Monday witnessed outflows totaling $539 million, while Tuesday and Wednesday ended with withdrawals above $1.138 billion and $754 million, respectively. These outflows have contributed to BTC falling below $83,000 for the first time in more than three months. The asset has been struggling this week and was changing hands at $85,570 at the time of writing after recovering slightly from its intraday decline of 7%. The post Bitcoin ETFs Record Over $3.6B in Outflows in the Past 2 Weeks appeared first on CryptoPotato.