EddieJayonCrypto

 21 Mar 25

tl;dr

On Thursday, Bitcoin exchange-traded funds (ETFs) saw a total of $165 million in inflows, marking five consecutive days of institutional demand resurgence. Previously, Bitcoin ETFs experienced over $6 billion in outflows within two months due to global trade tensions and recession fears. BlackRock's...

Bitcoin exchange-traded funds (ETFs) experienced $165 million in inflows on Thursday, signaling five consecutive days of resurgence in institutional demand. Previously, these ETFs suffered over $6 billion in outflows within two months due to global trade tensions and recession fears. BlackRock's iShares Bitcoin Trust ETF (IBIT) contributed $172 million to the recent inflows, while Fidelity Wise Origin Bitcoin Fund (FBTC) and Grayscale Bitcoin Trust ETF (GBTC) recorded inflows of $9.19 million and $5.22 million, respectively.

Conversely, several Bitcoin ETFs experienced outflows, with the Bitwise Bitcoin ETF (BITB) being the most affected with $17.4 million in outflows. Grayscale's GBTC also saw outflows nearing $8 million. Bitcoin's price currently sits at $84,152 after a 2.1% decline over the past 24 hours.

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