Spot Bitcoin ETFs Experience Capital Inflow After Seven-Day Decline
- On March 12, spot Bitcoin ETFs saw a net daily capital inflow of $13.3 million.
- This was the first positive trading day since March 3 for Bitcoin ETFs.
- ARKB contributed $82.6 million to the inflow, while BTC added $5.51 million.
- Four funds recorded outflows: IBIT ($47.05 million), GBTC ($11.81 million), BTCO ($12.41 million), and BTCW ($3.51 million).
- The spot Ethereum ETF sector experienced outflows totaling $10.4 million on the same day.
The spot Bitcoin ETF sector reversed its downward trend with a $13.3 million inflow on March 12, marking its first positive day since March 3, in contrast to continued outflows in Ethereum ETFs.
Source (2.6)https://hodl.press/spot-bitcoin-etfs-see-capital-inflows-since-march/?rand=24434