Net inflows into ten BTC spot ETFs this week reached $2.575 billion
On-chain analyst Yu Jin wrote that, supported by strong capital inflows in the first three days of this week, the net inflow of ten BTC spot ETFs this week reached US$2.575 billion. This is the highest net inflow of funds since the launch of the BTC spot ETF.
Ten BTC spot ETFs had a net inflow of US$198.88 million on 3/15, which corresponds to a net inflow of approximately 2,887 BTC into the ETF custody address after the U.S. stock market opens next Monday (3/18): ‘
Outflow: Grayscale (GBTC) outflowed approximately 2,025 BTC (corresponding to an outflow of US$139.42 million on 3/15);
Inflow: The remaining nine ETFs had an inflow of approximately 4,912 BTC (corresponding to an inflow of US$338.3 million on 3/15). The main players are BlackRock (IBIT) and Fidelity (FBTC), which saw an inflow of 4,291 BTC ($295.45 million). The ten BTC spot ETFs currently hold a total of BTC: 833,806 BTC ($57.41 billion).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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