Bitcoin ETF Doubles Net Inflows and BTC, BNB Continue to Reach New Historical Highs
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Bitcoin Spot ETF Net Inflows Reach New High
Bitcoin and BNB Continue to Set New Historical Highs
Bitcoin Spot ETF Net Inflows Reach New High
According to BitMEX Research data, all data for March 12th trading day has been recorded, with Bitcoin Spot ETF net inflows reaching a new high of $1.045 billion. This is significantly higher than the second highest of $673 million on February 28th and the $655 million on the first day of listing.
In terms of BTC, there were net inflows of 14,706 BTC, and Blackrock’s IBIT alone contributed $849 million in net inflows.
Since its listing on January 11th, the total net inflows of Bitcoin Spot ETF have reached approximately $4.1 billion.
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It is also noted that Bitcoin futures ETF only accounts for 10% of the market share.
Bitcoin and BNB Continue to Set New Historical Highs
Bitcoin reached $73,625 at 4 PM Taiwan time, surpassing the $73,095 on the evening of March 12th.
In addition, BNB, carried by the recent Launchpool activities on the Binance platform, reached $580, with an increase of nearly 90% since the beginning of this year.
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Binance launches Launchpool project – ether.fi (ETHFI), BNB has surpassed $540
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