Inflows into spot Bitcoin exchange-traded funds (ETFs) ended the month on a strong note, remaining net positive for the fourth straight day on Thursday.
Total daily net inflows for U.S. spot Bitcoin ETFs were $183 million as of March 28, bringing cumulative total net inflows to approximately $12.13 billion, according to data from SoSo Value.
BlackRock’s iShares Bitcoin ETF saw the largest net inflows at $95.12 million, while Fidelity Wise Origin Bitcoin Fund saw net inflows at $69.09 million.
Meanwhile, net outflows continued from the Grayscale Bitcoin Trust, with nearly $105 million leaving the product.
Bitcoin ETF indicator remains stable until the end of March.
Spot Bitcoin ETFs have proven popular since receiving long-awaited approval earlier this year.
However, trading volume has steadily declined since peaking in early March as cumulative trading volume marches toward $200 billion. As of March 27, cumulative spot Bitcoin ETF trading volume reached $177.9 billion, according to data from The Block.
Spot Bitcoin ETF assets and on-chain holdings under management have also remained stable since peaking earlier this month.
According to The Block’s price page, the price of Bitcoin currently stands at $69,841, down less than 1% on the day.
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