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Spot Bitcoin ETFs Record Highest Inflow in Six Weeks

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.

Data: SoSoValue.

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).

Data: SoSoValue.

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.

Data: SoSoValue.

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.

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