Spot Bitcoin ETFs Record Highest Inflow in Six Weeks

On March 17, inflows into spot ETFs based on digital gold amounted to $274.59 million. Such a high level was last observed on February 4.

This series of inflows continued for the second consecutive day.

Total inflows increased to $35.58 billion. AUM reached $94.48 billion.

On March 17, the most significant contributions to the positive trend came from FBTC by Fidelity Investments ($127.3 million) and ARKB by ARK Invest & 21Shares ($88.5 million).

ETH-ETF

The negative streak of inflows into spot Ethereum ETFs extended to nine days.

On March 17, clients withdrew $7.3 million from the products, bringing the total for the period to $297.6 million.

Total inflows decreased to $2.51 billion. AUM reached $6.77 billion.

Earlier, Standard Chartered revised its Ethereum price forecast for 2025, lowering it from $10,000 to $4,000.

On March 17, developers of the second-largest cryptocurrency by market capitalization launched a new long-term test network, Hoodi, which will help complete the verification of the Pectra upgrade.