Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month
The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28.The cumulative total net inflow has reached approximately $12.13 billion.Net outflows from the Grayscale Bitcoin Trust continued, with nearly $105 million leaving the product.
The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28 — bringing the cumulative total net inflow to about $12.13 billion — according to data from SoSo Value.
BlackRock's iShares Bitcoin ETF saw the largest net inflow of $95.12 million, while the Fidelity Wise Origin Bitcoin Fund brought in a net inflow of $69.09 million.
On the other hand, net outflows from the Grayscale Bitcoin Trust continued, with nearly $105 million leaving the product.
Spot bitcoin ETF metrics steady into the end of March
Spot bitcoin ETFs have proved popular since garnering long-awaited approval earlier this year.
However, volumes have steadily declined since peaking in early March as cumulative volumes march toward $200 billion. As of March 27, cumulative spot bitcoin ETF volumes reached $177.9 billion, per data from The Block.
Spot bitcoin ETF assets under management and on-chain holdings have also steadied since peaking earlier this month.
The bitcoin price is currently down less than 1% on the day to $69,841, according to The Block's Price Page .
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.
You may also like
Vitalik Buterin Clarifies Ethereum Staking Queue And Network Security
Quick Take Summary is AI generated, newsroom reviewed. Vitalik Buterin defended Ethereum staking exit delays as essential for security. The Ethereum staking queue surpassed 2.6 million ETH, worth nearly $11.7 billion. Kiln withdrawal of 1.6 million ETH significantly increased the staking queue. Over 35.6 million ETH remains staked, showing validator confidence persists. Future upgrades may balance validator exit flexibility with network stability.References INSIGHT: Ethereum co-founder Vitalik Buterin has
Ripple unveils XRPL's updated roadmap with plans to launch a native lending protocol

Tether's Compliance Adventure
USAT represents Tether's bet: they can obtain regulatory legitimacy for institutional users while maintaining flexibility for retail users globally.

Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K
Trending news
MoreCrypto prices
More








