- On March 19, the net daily outflow of capital from bitcoin-ETF amounted to $326.20 million.
- The negative trend continues for the second day in a row.
On March 19, 2024, net daily capital outflows in the spot bitcoin-ETF sector totaled $326.20 million, according to SoSo Value.
The negative trend continues for the second consecutive day. Between March 18 and March 19, total outflows from spot bitcoin funds totaled $480.65 million.
The change in trend is due to an increase in outflows of $443.50 million from the GBTC fund from Grayscale Investments. The figure rose to $1.086 billion in two days.
According to the data, the iShares Bitcoin Trust (IBIT) crypto fund from BlacRock took the first place in terms of capital inflows. It added $75.23 million to its balance sheet and funds under management reached the $13.04 billion mark.
In second place is Fidelity Wise Origin Bitcoin BTC (FBTC) with $39.60 million, in third place is an investment product from the firm Bitwise Asset Management – $2.47 million. Note that some positions have not yet updated data on trading volume.
Earlier we reported that after the end of the trading session on March 7, 2024, the share of bitcoins in asset-based spot ETFs rose to almost 4% of the total supply of 21 million BTC.
