TechFlow News: On March 16, according to SoSoValue data, spot Bitcoin ETFs recorded net inflows of $767 million last week (U.S. Eastern Time, March 9–13).
Last week’s largest net inflow among spot Bitcoin ETFs was recorded by BlackRock’s ETF IBIT, with weekly net inflows totaling $601 million; IBIT’s cumulative net inflows to date stand at $63.07 billion. Second was Fidelity’s ETF FBTC, with weekly net inflows of $148 million; FBTC’s cumulative net inflows to date total $10.99 billion.
Last week’s largest net outflow among spot Bitcoin ETFs was Grayscale’s Bitcoin Trust (GBTC), with weekly net outflows of $25.85 million; GBTC’s cumulative net outflows to date total $25.93 billion.
As of press time, the total net asset value (NAV) of spot Bitcoin ETFs stood at $91.83 billion, representing a 6.43% ratio of Bitcoin’s total market capitalization; cumulative net inflows since inception have reached $56.14 billion.
