According to ChainCatcher, data from SoSoValue shows that on yesterday (March 16, Eastern Time), the total net inflow into spot Bitcoin ETFs was $202 million. The spot Bitcoin ETF with the highest single-day net inflow yesterday was BlackRock’s IBIT, with a net inflow of $139 million; IBIT’s cumulative net inflow to date has reached $63.205 billion. Second was Fidelity’s FBTC, with a single-day net inflow of $645.291 million; FBTC’s cumulative net inflow to date has reached $11.055 billion. The spot Bitcoin ETF with the highest single-day net outflow yesterday was VanEck’s HODL, with a net outflow of $6.2845 million; HODL’s cumulative net inflow to date has reached $1.176 billion. As of the time of this report, the total net asset value of spot Bitcoin ETFs stands at $95.772 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.45%, and cumulative net inflows to date reaching $56.338 billion.
Bitcoin spot ETFs recorded a $202 million net inflow on March 16, marking the sixth consecutive day of inflows.
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Summary
Bitcoin news reports that, as of March 16 (ET), Bitcoin spot ETFs recorded a $202 million net inflow, marking the sixth consecutive day of inflows. BlackRock’s IBIT led with $139 million, bringing its total to $63.205 billion. Fidelity’s FBTC added $64.529 million, now at $11.055 billion. VanEck’s HODL experienced a $6.284 million outflow. Total net asset value now stands at $95.772 billion, representing a 6.45% ratio to Bitcoin’s market cap. Bitcoin analysis indicates strong institutional interest remains intact.
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