PiCK
Spot Bitcoin ETFs See Net Inflows for Fourth Straight Week…Ethereum Continues to Bleed Funds
Summary
- Last week, spot Bitcoin ETFs recorded total net inflows of $95.18 million, extending the inflow streak to a fourth consecutive week.
- Over the same period, spot Ethereum ETFs posted net outflows of $59.94 million, with weakening investor sentiment persisting.
- Among altcoin ETFs, the spot Solana ETF saw net inflows of $21.10 million, while the spot XRP ETF logged inflows of $640,000.
Forecast Trend Report by Period
Inflows into spot Bitcoin (BTC) exchange-traded funds (ETFs) continued, while spot Ethereum (ETH) ETFs extended their run of outflows.
According to SoSoValue data cited by Wu Blockchain on the 23rd (local time), spot Bitcoin ETFs posted total net inflows of $95.18 million (about KRW 143.4 billion) last week (March 16–20), marking the fourth consecutive week of inflows.
By contrast, spot Ethereum ETFs saw net outflows of $59.94 million (about KRW 90.3 billion) over the same period, as investor sentiment continued to weaken.
Among altcoin ETFs, the spot Solana (SOL) ETF recorded net inflows of $21.10 million (about KRW 31.8 billion), while the spot XRP (XRP) ETF also saw inflows totaling $640,000 (about KRW 0.9 billion), the data showed.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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