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Home » Bitcoin ETF sees doubled net inflows, BTC and BNB continue to surge to new highs
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Bitcoin ETF sees doubled net inflows, BTC and BNB continue to surge to new highs

Mar. 13, 2024No Comments2 Mins Read
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Bitcoin ETF sees doubled net inflows, BTC and BNB continue to surge to new highs
Bitcoin ETF sees doubled net inflows, BTC and BNB continue to surge to new highs
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Bitcoin spot ETF net inflows reach a new high
Bitcoin and BNB continue to hit historical highs
Bitcoin spot ETF net inflows reach a new high
According to BitMEX Research data, all data for March 12th has been recorded, with net inflows of Bitcoin spot ETF reaching a new high of $1.045 billion, far exceeding the previous high of $673 million on February 28th and the $655 million on the first day of listing.
Converted to Bitcoin, there was a net inflow of 14,706 BTC, and Blackrock’s IBIT alone contributed a net inflow of $849 million.
Since its listing on January 11th, the total net inflow of Bitcoin spot ETF has reached approximately $4.1 billion.
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The Block
It is also noted that Bitcoin futures ETFs only account for 10% of the market share on that day.
Bitcoin and BNB continue to hit historical highs
Bitcoin reached $73,625 at 4:00 PM Taiwan time, surpassing the $73,095 on the evening of March 12th.
In addition, BNB on the Binance platform has seen a nearly 90% increase since the beginning of the year, driven by the recent Launchpool activities.
(
Binance launches new staking project Launchpool – ether.fi (ETHFI), BNB has surpassed $540
)


BNB/USDT daily chart
BitMEX Research
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