HomeCrypto NewsBitcoin Spot ETFs See $261 Million Outflow: GBTC Leads, While IBIT and...

Bitcoin Spot ETFs See $261 Million Outflow: GBTC Leads, While IBIT and ARKB Record Significant Inflows

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VanEck’s Bitcoin ETF yesterday’s trading volume increased by 2200% compared to its previous daily average trading volume

According to SoSoValue data, yesterday (March 20, EST), the total net outflow of Bitcoin spot ETFs was US$261 million.

Yesterday, the Grayscale ETF GBTC had a single-day net outflow of US$386 million, and the current historical net outflow of GBTC is US$13.27 billion.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of US$49.28 million. The current total historical net inflow of IBIT has reached US$13.09 billion.

Followed by Ark & 21Shares ETF ARKB, the single-day net inflow is approximately US$23.26 million, and the current total historical net inflow of ARKB reaches US$1.99 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is US$54.13 billion, the ETF net asset ratio (market value to the total market value of Bitcoin) reaches 4.11%, and the historical cumulative net inflow has reached US$11.41 billion.

Source

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