On April 3rd, COINOTAG reported significant movements in the Bitcoin ETF market, as highlighted by data from Farside. The total net inflow into U.S. Bitcoin spot ETFs reached an impressive $218.1 million. Notably, BlackRock’s BBIT experienced a substantial net outflow of $115.9 million, contrasting with Fidelity’s FBTC, which reported a net inflow of $118.8 million. Additionally, ARK Invest’s ARKB posted a robust net inflow of $130 million, reflecting investor confidence in the evolving landscape of cryptocurrency assets. These dynamics underscore the shifting trends in a market where institutional demand continues to play a pivotal role in driving liquidity and shaping the overall sentiment within the crypto sector.
Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-sees-218-1-million-net-inflow-despite-blackrocks-bbit-outflow/