Spot Bitcoin ​ETF continues positive inflows and closes the month on a strong note

The U.S. spot Bitcoin exchange-traded fund (ETF) ended the month with strong activity, recording net inflows for four consecutive days.

As of March 28, total daily net inflows for U.S. spot Bitcoin ETFs reached $183 million, bringing cumulative total net inflows to approximately $12.13 billion. SoSo Value’s data points to this positive trend.

Among spot Bitcoin ETFs, BlackRock’s iShares Bitcoin ETF recorded the largest net inflows with $95.12 million, followed by Fidelity’s Wise Origin Bitcoin Fund with $69.09 million.

Conversely, Grayscale Bitcoin Trust observed net outflows during this period, with nearly $105 million leaving its product.

Spot Bitcoin ​ETFs have received significant attention and adoption since their approval earlier this year. According to data from The Block, despite a decline in trading volume since peaking in early March, cumulative trading volume is steadily moving towards $200 billion, reaching $177.9 billion as of March 27.

Assets under management and on-chain holdings for spot Bitcoin ETFs have also stabilized since previous highs earlier this month.

According to The Block’s price page, Bitcoin’s current price is $69,841, down slightly by less than 1% on the day.

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