Bitcoin Spot ETFs Record 7 Straight Days of Inflows, Adding $84M

In Brief:

Bitcoin spot ETFs saw $84.17M in net inflows on March 24, marking 7 consecutive days of positive flows.

Fidelity’s FBTC led with $82.85M, while Bitwise BITB added $19.23M. ARKB saw a rare $40.97M outflow.

‍

According to SoSoValue, Bitcoin spot ETFs continued their streak of strong institutional demand, registering a net inflow of $84.17 million on March 24. This brings the total net inflow streak to seven consecutive days.

Leading the daily flows was Fidelity’s FBTC, contributing $82.85 million, while Bitwise’s BITB added another $19.23 million. On the other hand, ARKB, the Ark Invest and 21Shares product, recorded a net outflow of $40.97 million, making it the only ETF in the red.

The total net asset value (NAV) of all Bitcoin spot ETFs now stands at $99.31 billion, representing 5.7% of Bitcoin’s total market cap. The continued flow underscores strong institutional confidence, even amid volatility.

‍