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Summary

  • Net inflows continued in the spot Bitcoin (BTC) ETF market, extending the flow of institutional capital into the sector.
  • As of March 17, total net inflows across all Bitcoin ETFs reached $198.31 million.
  • Funds increasingly flowed selectively into ETFs managed by large asset managers such as BlackRock's IBIT and Fidelity's FBTC.

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Net inflows continued in the spot Bitcoin (BTC) ETF market, extending the flow of institutional capital into the sector.

According to data compiled by Trader T on March 17 (local time), total net inflows across all Bitcoin ETFs reached $198.31 million.

Funds were concentrated in BlackRock's IBIT. IBIT drew in $168.27 million in a single day, accounting for most of the total net inflows.

Fidelity's FBTC attracted $24.39 million, Ark's ARKB took in $2.48 million, and VanEck's HODL recorded inflows of $3.17 million.

By contrast, major ETFs including Bitwise's BITB, Invesco's BTCO, Franklin's EZBC, Valkyrie's BRRR, and WisdomTree's BTCW saw neither inflows nor outflows.

Grayscale's GBTC and its Mini Bitcoin ETF also showed no fund flows.

The day's fund movements showed that selective inflows continued to center on large asset managers, suggesting that institutional investors are increasingly concentrating on specific ETF products.

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