) exchange-traded funds have now marked their third straight day of total net outflows, with $261.5 million leaving the ten approved funds on March 20.
It brings three-day net outflows to $742 million as March 18 and 19 saw respective net outflows of $154.3 million and $326.2 million, per Farside Investors The outflow was due mainly to another solid day of outflow from the Grayscale Bitcoin Trust , which bled $386.6 million, while Invesco Galaxy Bitcoin ETF also saw $10.2 million exit the fund. Both came to eclipse the trickle of inflows from the eight other approved ETFs.
BlackRock’s iShares Bitcoin Trust had its second-lowest-ever net inflow day at $49.3 million — just $4 million more than its daily low of Feb. 6, and the Fidelity Wise Origin Bitcoin Fund similarly had a runner-up low inflow day at $12.9 million.gained over 3% Bitcoin’s 24-hour price in UTC hit an intraday bottom of just below $60,900. Source: Cointelegraph Markets ProBitcoin bull cycle is ‘far from over’ thanks to the halving — CryptoQuant researchBTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500M
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