Spot Bitcoin ETF Flows Return to Positive as BTC Powers to $71K

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For the first time since March 15, the net aggregate flow of funds to the newly launched batch of spot BTC ETFs is positive.While yesterday’s inflow figure is the lowest since January 26, it marks a trend reversal as Bitcoin prices recover following their pre-halving retrace.from Farside Investors reports that Grayscale’s GBTC saw a $350 million outflow on March 25.

BlackRock, which has been leading the pack so far, only managed an inflow of $35.5 million – way below its average. Its IBIT fund has an AUM figure of $13.4 billion, so the two together still don’t match what Grayscale holds. Happy 50 Straight Days of Inflows to all who celebrate.. Here’s look at top ETFs by ‘active’ inflow streaks,on top, shows how weird 50 days is (and unheard of for new etf, altho long ways to beat all time record of 160 days set byThe ETF flow trend change comes as Bitcoin prices surged to $71,000 in late trading on March 25. The asset had held gains and was trading at $70,641 at the time of writing during the Tuesday morning Asian trading session.have been tweaked again by those in the know.

Source: Digital Coin News (digitalcoinnews.net)

 

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