đETF Bitcoin had an inflow in March of ~$2.5B this month, almost completely erasing the negative capital flow since the beginning of the year (YTD)
The inflow into Bitcoin ETF is returning quite well even when the price $BTC has not increased much from the bottom. The total inflow for March has reached approximately $2.5B, and just one more good session is needed to completely erase the negative capital flow from the beginning of the year.
đ Highlights are in the $IBIT ETF:
- Has clearly surpassed the negative YTD level, returning to a positive zone
- Ranked in the top ~2% of ETFs with the strongest cash flow this year
- Just considering the last month with an inflow of over $2.2B
Notably, all of this has occurred in the context where BTC had previously dropped ~40% in 6 months and was forgotten by the media. However, it is also important to note that $GBTC and $FBTC are still experiencing large outflows (YTD approximately -$730M and -$1.1B respectively). It is still too early to say this is the market bottom, but buy signals have appeared. $BTC $BNB
