“Bitcoin ETF Witnesses Second Consecutive Day of Net Inflows, Four Bitcoin ETFs Enter Global Top 30 by Size”

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Bitcoin Spot ETF Sees Two Consecutive Days of Net Inflows
Four Bitcoin ETFs Surge into the Top 30 in Global Size
Bitcoin Spot ETF Sees Two Consecutive Days of Net Inflows
Farside Investors
Data shows that the Bitcoin Spot ETF saw two consecutive days of net inflows on March 26, with a total net inflow of $418 million, far surpassing the previous day’s $15.4 million.
The combined net outflows of BlackRock’s IBIT and Fidelity’s FBTC were much higher than that of GBTC. The data for each ETF is as follows (from highest to lowest):
Grayscale GBTC: -$212 million
Fidelity FBTC: $279 million
BlackRock IBIT: $162 million
Ark Invest ARKB: $73.6 million
Valkyrie BRRR: $29.9 million
Invesco BTCO: $26.7 million
Franklin EZBC: $26.3 million
Bitwise BITB: $16.7 million
Vaneck HODL: $15.8 million
The Bitcoin Spot ETF had total net outflows ranging from -$169 million to -$642 million last Friday.
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Four Bitcoin ETFs Surge into the Top 30 in Global Size
Bloomberg ETF Analyst
Eric Balchunas
stated that he created a chart ranking the assets under management of ETFs that have been listed for 50 days. Among the 11,338 ETFs listed globally, four Bitcoin ETFs made it into the top 30.
BlackRock’s IBIT and Fidelity’s FBTC took the first and second spots, while Ark Invest’s ARKB and Bitwise’s BITB ranked 7th and 18th, respectively.
Some argue that comparing this to the launch of the Invesco QQQ ETF in 1999, when the investment market had much less capital, is unfair. Eric Balchunas agrees with this point, but he believes that even when adjusting for inflation, the rapid accumulation of assets under BlackRock’s IBIT is still quite impressive. Additionally, several ETFs like NUGO, BBJP, and USCL were only launched in recent years.
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Further Reading
Have Institutional Investors Entered the Bitcoin Spot ETF? 13F Reports in Mid-May Will Reveal the Truth
Bitcoin Surpasses $70,000 Again, Will the Bitcoin Spot ETF Escape the Nightmare of Net Outflows?