Spot ETF flows resilient: streak snap but monthly $2.5B inflows
Key Questions
Has the Bitcoin spot ETF inflow streak ended?
The 7-day streak of $1.16B inflows snapped with a weekly $323M outflow, mainly from FBTC and IBIT on March 18-19. However, March 16-20 saw +$47M net inflows.
What were the net flows for Bitcoin ETFs in the recent week?
Weekly BTC inflows reached +$219M, with BlackRock contributing +$190M BTC on March 16-20. BlackRock and Fidelity together added +$400M in buys.
What is the monthly inflow total for Bitcoin ETFs?
Bitcoin ETFs recorded $2.5B in monthly inflows, nearly erasing year-to-date losses despite a 40% price drop. This resilience shows strong demand amid market weakness.
How much is the total AUM for Bitcoin spot ETFs?
Assets under management (AUM) range from $91-140B, representing about 6.4% of Bitcoin's supply. High volumes of $21B indicate rebalancing activity.
How do Bitcoin ETF flows compare to gold ETFs?
Bitcoin ETFs saw $2.5B inflows in a month while gold ETFs experienced outflows, signaling a shift where BTC outperforms gold as a safe haven. Daily inflows over $200M are critical for sustaining this trend.
What recent ETF outflows occurred after the Fed?
A $708M Bitcoin ETF outflow followed the Fed event, driven by institutional reactions. Despite this, monthly flows remain positive at nearly $2.5B.
Which ETFs led recent inflows?
BlackRock's IBIT and Fidelity's FBTC saw significant activity, with BlackRock posting +$190M BTC inflows March 16-20. Overall, March 23 inflows hit $167M.
What new Bitcoin ETF products are in development?
CoinShares filed for a Bitcoin Volatility ETF suite tracking CME CF Bitcoin Volatility Index. NYSE options and FLEX are also supporting ETF trading.
7-day $1.16B inflow streak snapped by wk $323M outs (Mar18-19 FBTC/IBIT), but Mar16-20 +$47M (BlackRock +$190M BTC), +$219M BTC wkly/$167M Mar23/$2.5B monthly. BlackRock/Fidelity +$400M buys; AUM $91-140B (6.4% supply); $21B vol rebalancing, NYSE options FLEX; >$200M/day critical vs gold outflows.