Bitcoin Spot ETFs See $197 Million Net Inflows as Q1 Closes
- US Bitcoin spot ETFs attracted approximately $200 million in net inflows last week.
- There were 10 consecutive days of positive net flows before a $93.47 million outflow on Friday.
- Blackrock’s IBIT led with $171.95 million in inflows, followed by Fidelity’s FBTC with $86.84 million.
- Ark Invest’s ARKB experienced the largest outflow at $40.97 million.
- Total net liquidations reached $4.25 billion across February and March.
The US Bitcoin spot ETFs ended the week with a positive performance, showing renewed market interest after significant withdrawals earlier in the year, despite some funds like Ark Invest’s ARKB facing notable outflows.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-spot-etfs-see-197-million-net-inflows-as-q1-closes-details/?rand=52377