TechFlow reported on March 24 that, according to SoSoValue data, Bitcoin spot ETFs recorded a net inflow of $744 million during the previous trading week (March 17 to March 21, Eastern Time).
The Bitcoin spot ETF with the largest weekly net inflow was BlackRock's IBIT, which attracted $538 million in net inflows. The cumulative net inflow for IBIT has now reached $39.77 billion. Fidelity's Bitcoin ETF FBTC ranked second, recording $136 million in weekly net inflows, bringing its total historical net inflow to $11.38 billion.
The Bitcoin spot ETF with the largest weekly net outflow was Grayscale's GBTC, which saw $24.47 million in net outflows. The total historical net outflow for GBTC has now reached $22.53 billion. Invesco's Bitcoin ETF BTCO ranked second in outflows, with $10.24 million in weekly net outflows; however, BTCO’s total historical net inflow remains positive at $105 million.
As of publication time, the total net asset value of Bitcoin spot ETFs stood at $94.35 billion. The ETF net asset ratio (representing the proportion of ETF market value relative to Bitcoin’s total market cap) reached 5.65%, with historical cumulative net inflows totaling $36.05 billion.
