Bitcoin spot ETFs recorded a $164 million net outflow on March 18, ending a seven-day streak of net inflows.

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Bitcoin news reports that Bitcoin spot ETFs experienced a $164 million net outflow on March 18 (EDT). Fidelity’s FBTC led with a $104 million outflow, while BlackRock’s IBIT lost $33.91 million. The ETFs now hold $92.07 billion in net assets, representing 6.46% of Bitcoin’s market cap. Cumulative inflows remain at $56.37 billion. Bitcoin analysis indicates the outflow ended a seven-day streak of inflows.

Odaily Planet Daily reports, according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $164 million yesterday (Eastern Time, March 18).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity’s FBTC, with a net outflow of $104 million; FBTC’s total historical net inflow now stands at $10.975 billion.

Second is BlackRock's ETF IBIT, with a single-day net outflow of $33.9058 million; IBIT's total historical net inflow now stands at $63.341 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $92.067 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.46%, and cumulative net inflows since inception reaching $56.373 billion.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.