PiCK

US Spot Bitcoin ETFs Log $411.49 Million of Net Inflows in One Day, Led by BlackRock and Ark

Source
Suehyeon Lee

Summary

  • US spot Bitcoin ETFs recorded total net inflows of $411.49 million.
  • BlackRock's IBIT drew $213.82 million, while Ark Invest's ARKB took in $113.12 million.
  • Additional inflows were recorded in Fidelity's FBTC, Morgan Stanley's MSBT, Bitwise's BITB and VanEck's HODL.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

US spot Bitcoin exchange-traded funds recorded a large net inflow of funds.

Trader T data showed US spot Bitcoin ETFs posted combined net inflows of $411.49 million on March 14.

By product, BlackRock's IBIT led with $213.82 million of inflows, followed by Ark Invest's ARKB with $113.12 million. Fidelity's FBTC posted net inflows of $45.28 million, while Morgan Stanley's MSBT took in $15.54 million.

Additional inflows went to Bitwise's BITB at $12.5 million, VanEck's HODL at $6.3 million and Grayscale's Mini Bitcoin product at $4.93 million. The remaining products recorded no net inflows or outflows.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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