BlackRock Bitcoin ETF Sets New Record: $788 Million Inflows in a Single Day

Bitcoin reached a new high of $69,000 yesterday, and the Bitcoin spot ETF also set a new record. BlackRock’s IBIT had a daily inflow of $788 million on 3/5, marking its highest daily inflow record to date. Despite Grayscale’s GBTC outflow of $332 million, the overall ETF inflow was $648 million.

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Bitcoin reaches $69,000 and spot ETF trading volume reaches billions of dollars, setting new historical highs.
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Statistics from BitMEX Research
Bitcoin
BlackRock

Further reading
Expectations of interest rate cuts in June drive up stock prices, gold, and cryptocurrencies
Ancient miner transfers a thousand bitcoins to an exchange, Bitcoin briefly falls below $60,000 after reaching a new high of $60,000.