Spot Bitcoin ETFs Record $202 Million Net Inflow on March 16, Led by IBIT and FBTC
Spot Bitcoin ETFs logged combined net inflows of $202 million on March 16 (Eastern Time), SoSoValue data cited by ChainCatcher show. BlackRock's IBIT recorded the largest single-day inflow at $139 million, bringing cumulative inflows to $63.205 billion, while Fidelity's FBTC ranked second with $645.291 million in single-day inflows and $11.055 billion cumulatively. VanEck's HODL posted the largest outflow at $6.2845 million but has cumulative inflows of $1.176 billion. The group's total net assets stand at $95.772 billion, with an ETF net asset ratio of 6.45% and cumulative historical net inflows of $56.338 billion, the data show.