US Bitcoin Spot ETF Sees $94.3 Million Net Inflow: Key Highlights from Farside Investors

According to data compiled by Farside Investors, a significant net inflow of $94.3 million was recorded into the US Bitcoin spot ETF on March 1st. This influx highlights the growing interest in cryptocurrency investments. Notably, the BlackRock IBIT saw a substantial outflow of $2.44 billion, contrasting with Fidelity FBTC’s positive performance, which attracted $1.76 billion. Furthermore, Bitwise BITB achieved a modest gain of $4.6 million, while ARK ARKB experienced a healthy increase of $193.7 million. In contrast, VanEck HODL and Grayscale entities faced challenges, with respective declines of $7.7 million and $33.3 million. On a brighter note, the Grayscale Mini BTC reported a net gain of $5.6 million, reflecting a resilient appetite for cryptocurrency investments despite market fluctuations.