On March 12th, the total net inflow of funds for the ten BTC spot ETFs was $1.04508 billion, equating to a net inflow of approximately 14,639 BTC to ETF custody addresses after the US stock market opened on the evening of March 13th. More specifically:
- Outflow: Grayscale (GBTC) and Grayscale Bitcoin Trust (BTCO) experienced an outflow of about 1,381 BTC (equivalent to a fund outflow of $98.63 million on March 12th). - Inflow: The remaining eight ETFs saw an inflow of about 16,020 BTC (equal to a fund inflow of $1.14371 billion on March 12th), with BlackRock (IBIT) leading the pack with an inflow of 11,891 BTC ($848.98 million).
As of now, the ten BTC spot ETFs collectively hold a total of 810,085 BTC, valued at $57.83 billion. This significant movement of funds indicates a shifting landscape in the cryptocurrency market and showcases the growing investment interest in BTC spot ETFs.