Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

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Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day.

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day — closing the month on a strong note.

BlackRock's iShares Bitcoin ETF saw the largest net inflow of $95.12 million, while the Fidelity Wise Origin Bitcoin Fund brought in a net inflow of $69.09 million. However, volumes have steadily declined since peaking in early March as cumulative volumes march toward $200 billion. As of March 27, cumulative spot bitcoin ETF volumes reached $177.9 billion, per data from The Block.

 

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