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Bitcoin ETF net inflow reached $1.045 billion! BTC, BNB continue to hit record highs

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2024-03-14 10:16:19716browse

Bitcoin ETF net inflow reached $1.045 billion! BTC, BNB continue to hit record highs

According to data from BitMEX Research, as of March 12, net inflows into Bitcoin spot ETFs reached $1.045 billion, a record high. This figure far exceeds the next highest level of $673 million on February 28, as well as the $655 million on the ETF's first day of trading.

In currency-based conversion, there was a net inflow of 14,706 BTC, and Blackrock IBIT alone contributed a net inflow of US$849 million.

Since its listing on January 11, the Bitcoin spot ETF has had a total net inflow of approximately US$4.1 billion.

The Block also pointed out that the Bitcoin futures ETF only held 10% of the market share that day.

Bitcoin ETF net inflow reached $1.045 billion! BTC, BNB continue to hit record highs

Bitcoin and BNB continue to set new historical highs

Bitcoin once touched $73,625 at 4 pm Beijing time, surpassing the level on the evening of March 12 $73,095.

In addition, the Binance platform currency BNB has taken advantage of the recent Launchpool activities that have continuously introduced new things. BNB has reached US$578, which has increased by nearly 90% since this year.


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