Breaking: Spot Bitcoin ETFs Mark 4 Consecutive Days of Net Inflows

• The Spot Bitcoin Market recorded a net inflow of $203 million on April 3, surpassing $12.6 billion in total net inflow.
• BlackRock’s IBIT leads the charge with a net inflow of $308 million and a total net inflow of $14.77 billion.
• Grayscale’s GBTC marks a net outflow of $198 million, with its total net outflow exceeding $15.5 billion.

In an astounding turn of events, the net inflow of the Spot Bitcoin ETF market has surpassed $12.6 billion, with an average inflow of $213.8 million. Prominent crypto analyst Crypto Rover, in his recent X update, revealed that the Bitcoin ETF market saw an astounding inflow of $203 million on April 5, marking 4 consecutive days of net inflows.

Colin Wu , a Chinese crypto journalist, has shed light on SoSoValue’s data , providing details on the remarkable inflow of Bitcoin ETFs. Leading the charge is BlackRock’s IBIT, with a net inflow of nearly $308 million on the day. With this notable addition of inflows, BlackRock currently boasts a total historical net inflows of $14.77 billion.

Source: SoSoValue

Fidelity’s FBTC is also not far behind, with a net inflow of $83.02 million marked on April 5. The cumulative net inflow of FBTC, as per SoSoValue, is $7.96 billion.

On the third spot is Bitwise’s BITB, boasting a net inflow of $7.39 million. Reportedly, BITB has experienced a total net inflow of $1.66 billion since its launch.

Contrastingly, Grayscale’s GBTC has recorded a net outflow of $198 million on the same day. Thus, Grayscale maintains its negative inflows, marking a total net outflow of $15.5 billion.

Meanwhile, Bitcoin is trading below the previous all-time of $69k despite a slight increase of 1.65% over the last day. As of press time, Bitcoin is priced at $68,052 , marking a 2.58% increase over the last month but a 2.84% decline in the last week. With a market cap of $1,338,505,091,878, Bitcoin maintains its top position in the crypto market.