Bitcoin ETFs Attract $166 Million As Ether ETFs Reach 12th Day of Outflows

In a remarkable show of strength, bitcoin exchange-traded funds (ETFs) continued to attract inflows with a total of $165.75 million on Thursday, March 20. This marked the fifth consecutive day of positive movement for spot bitcoin ETFs. Conversely, ether ETFs continued their downward trajectory with net outflows of $12.41 million, extending their streak to 12 consecutive days.​

The day’s inflows were predominantly driven by Blackrock’s IBIT, which saw an impressive addition of $172.14 million. Other notable inflows included Vaneck’s HODL with $11.90 million, Fidelity’s FBTC with $9.19 million, and Grayscale’s BTC with $5.22 million.

Despite these gains, certain funds experienced minor outflows. Bitwise’s BITB lost $17.40 million, Grayscale’s GBTC saw a $7.98 million exit, and ​Franklin’s EZBC registered a $7.31 million outflow​. These outflows, however, were insufficient to offset the overall positive trend in bitcoin ETFs.​

Ether ETFs continued to face challenges, with Blackrock’s ETHA experiencing an $8.96 million outflow and Fidelity’s FETH seeing a $3.45 million reduction. These movements contributed to the ongoing decline in ether ETF assets, which closed the day at $6.79 billion.​

The sustained inflows into bitcoin ETFs suggest a renewed investor interest and confidence in BTC with the number one crypto hitting $85,000 after positive sentiment from the Federal Open Market Committee’s (FOMC) meeting.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。