TechFlow News, March 23: According to SoSoValue data, spot Bitcoin ETFs recorded net inflows of $95.18 million last week (U.S. Eastern Time, March 16–20).
Last week’s largest net inflow among spot Bitcoin ETFs was observed in BlackRock’s IBIT ETF, with weekly net inflows totaling $191 million. IBIT’s cumulative net inflows to date stand at $63.26 billion. Second was Franklin’s EZBC ETF, with weekly net inflows of $6.2057 million and cumulative net inflows of $375 million to date.
Last week’s largest net outflow among spot Bitcoin ETFs occurred in Fidelity’s FBTC ETF, with weekly net outflows of $50.0706 million. FBTC’s cumulative net inflows to date amount to $10.94 billion.
As of press time, the total net asset value (NAV) of spot Bitcoin ETFs stands at $90.30 billion, representing a 6.44% ratio of Bitcoin’s total market capitalization. Cumulative net inflows across all spot Bitcoin ETFs have reached $56.23 billion.
