Bitcoin ETF

Bitcoin

Spot

Grayscale Bitcoin Trust

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Spot bitcoin ETFs experienced a fourth consecutive day of net inflows, ending the month strongly.</li>
 <li>BlackRock’s iShares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund saw the largest inflows.</li>
</ul>
<p>Spot bitcoin exchange-traded funds (ETFs) saw a net positive inflow for the fourth day in a row, marking a strong end to the month.</p>
<p>The daily total net inflow for these ETFs in the U.S. was $183 million as of March 28, which brought the cumulative total net inflow to approximately $12.13 billion.</p>
<h2 id="etf-inflows-and-outflows">ETF Inflows and Outflows</h2>
<p>The iShares Bitcoin ETF by BlackRock saw the highest net inflow of $95.12 million.</p>
<p>Following closely was the Fidelity Wise Origin Bitcoin Fund with a net inflow of $69.09 million.</p>
<p>Contrarily, the Grayscale Bitcoin Trust saw net outflows, with nearly $105 million leaving the product.</p>
<h2 id="performance-of-spot-bitcoin-etfs">Performance of Spot Bitcoin ETFs</h2>
<p>Since receiving approval earlier this year, spot bitcoin ETFs have been popular among investors.</p>
<p>However, volumes have been declining since peaking in early March, with cumulative volumes nearing $200 billion.</p>
<p>As of March 27, cumulative spot bitcoin ETF volumes reached $177.9 billion.</p>
<p>The assets under management and on-chain holdings of spot bitcoin ETFs have also steadied since peaking earlier in the month.</p>
<p>The price of <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> is currently down by less than 1% on the day to $69,841.</p>

Bitcoin ETFs Register Fourth Straight Day of Net Inflows, Wrapping Up the Month Strongly

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