On March 21, Eastern Time, the Bitcoin Spot ETF achieved a net inflow of $83.0919 million, marking six consecutive days of net inflows. Yesterday, the BlackRock Bitcoin ETF (IBIT) had the highest single-day net inflow among Bitcoin Spot ETFs, with a net inflow of $105 million. As of now, the historical total net inflow for IBIT has reached $39.774 billion.


In this round of market conditions, BTC has continued to strengthen as institutions keep buying. However, unlike previous bull markets, the funds that overflowed after the significant rise in BTC prices did not flow into other cryptocurrencies, resulting in BTC dominating the market while the prices of other coins continue to fall, constantly setting new lows.
BTC-2.04%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)