GBTC - Bitcoin Spot ETFs See Strong Inflows Despite Grayscale Outflow | Benzinga
Buoyed by Bitcoin's (CRYPTO: BTC) recent surge to new all-time highs, Bitcoin spot ETFs continue to attract significant inflows, despite a notable outflow from the Grayscale Bitcoin Trust (OTC: GBTC).
Strong Overall Bitcoin ETF Inflows:
According to data from SoSoValue, Bitcoin spot ETFs saw a net inflow of $562 million on March 4.
This positive inflow continues a trend observed since the launch of U.S.-based spot Bitcoin ETFs in January 2024.
In the last 60 days alone, these ETFs have collectively attracted over $7.35 billion in net inflows, highlighting the growing investor interest in gaining exposure to Bitcoin through regulated investment vehicles.
Among the various spot Bitcoin ETFs, BlackRock's iShares Bitcoin ETF (NASDAQ: IBIT) emerged as the leader in net inflows on March 4, attracting ...