Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
Fund flows
Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares
The recovery from the week before coincided with a recovery in BTC’s price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier.
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
There were $836 million in net outflows between March 18 and March 21, the report said.
Crypto Funds Attract Largest Weekly Inflow in 2023 as Bitcoin ‘Short-Sellers Capitulate’: CoinShares
Crypto investment funds last week attracted their largest inflow this year, extending their strongest run since the 2021 bull market as anticipation for a spot bitcoin [BTC] exchange-traded fund (ETF) continued to entice investors.
Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.
Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.