Bitcoin ETF sees two consecutive days of net inflows, four Bitcoin ETFs surge into the top 30 largest globally.

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Bitcoin Spot ETF Sees Net Inflows for Two Consecutive Days
Four Bitcoin Spot ETFs Surge into the Top 30 in the World
Bitcoin Spot ETF Sees Net Inflows for Two Consecutive Days
Farside Investors
Data shows that the Bitcoin Spot ETF saw net inflows for two consecutive days on March 26, with a total net inflow of $418 million, far exceeding the previous day’s $15.4 million.
The combined net outflows of BlackRock IBIT and Fidelity FBTC were much higher than that of Grayscale GBTC on a daily basis. 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 Spot ETFs Surge into the Top 30 in the World
Bloomberg ETF Analyst Eric Balchunas
stated that he created a chart ranking the asset sizes of ETFs listed for 50 days, and among the 11,338 ETFs globally, four Bitcoin Spot ETFs made it into the top 30.
BlackRock IBIT and Fidelity FBTC took the top two spots, while ARK Invest ARKB and Bitwise BITB ranked 7th and 18th, respectively.
Some people in the community argued that comparing this to the launch of the Invesco QQQ ETF, which was introduced in 1999 when the investment market was far different, is unfair.
Eric Balchunas agreed with this argument, but he believed that even when adjusted for inflation, the rapid accumulation of assets in BlackRock IBIT is still quite impressive. Additionally, several other ETFs such as NUGO, BBJP, and USCL were only launched in recent years.
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Further Reading
Have Institutional Investors Entered the Bitcoin Spot ETF Market? The Truth Will Be Revealed in the Mid-May 13F Reports
Bitcoin Surpasses $70,000 Again, Will the Bitcoin Spot ETF Escape the Nightmare of Net Outflows?

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