Bitcoin ETF sees three consecutive days of net inflows, BTC rebounds to $70,000, while meme coins experience widespread decline
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Bitcoin Spot ETF Sees Net Inflows for Three Consecutive Days
Major Coins Stable, Meme Coins Decline
Bitcoin Spot ETF Sees Net Inflows for Three Consecutive Days
Farside Investors
Data shows that the Bitcoin Spot ETF saw net inflows for three consecutive days on March 27, with a total net inflow of $243 million, lower than the previous day’s $418 million.
Grayscale GBTC had a daily net outflow higher than BlackRock’s IBIT, and the ETF data from various companies are as follows (from highest to lowest):
Grayscale GBTC: -$299 million
BlackRock IBIT: $328 million
ARK Invest ARKB: $200 million
The net inflows of other ETFs did not exceed $10 million.
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Bitcoin Spot ETF had a total net outflow ranging from -$169 million to -$642 million in the past week.
Major Coins Stable, Meme Coins Decline
Bitcoin and Ethereum remain stable above $70,000 and $3,500 respectively, while meme coins that experienced a significant surge in mid-March show a general decline:
Pepe (PEPE): -5.36%
dogwifhat (WIF): +7.84%
FLOKI: -4.97%
BONK: -1.20%
BOOK OF MEME (BOME): -5.18%
SLERF: -20.24%
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Twitter posts raised billions: Pre-sale frenzy of meme coins, 27 types of Solana meme coins raised $122 million
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ETH
Ethereum
Bitcoin Spot ETF
Meme coins
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