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Bitcoin ETF saw net outflows for 3 consecutive days! BTC stands at $66,000, Meme currency rebounds

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2024-03-22 11:41:021166browse

比特币ETF连3日净流出!BTC站上6.6万美元 Meme币反弹

The net outflow of Bitcoin spot ETF has been for three consecutive days, but it has shrunk slightly compared to the 19th.

Bitcoin spot ETF outflows for three consecutive days

FarsideInvestors data shows that the total net outflow of Bitcoin spot ETF on March 20 was -USD 261 million, and GBTC contributed -USD 386 million.

The total net outflows in the first two days were US$154 million and US$326 million respectively.

The net inflows of ETFs from each issuer have not reached the scale of 100 million. The data are as follows:

  • Grayscale GBTC: -386 million US dollars

  • Invesco BTCO: -$10.2 million

  • BlackRock IBIT: $49.3 million

  • ARK ARKB: 2,330 US$10,000

  • Franklin EZBC: US$19 million

  • Bitwise BITB: US$18.6 million

  • Fidelity FBTC: $12.9 million

  • Vaneck HODL: $9.3 million

  • Valkyrie BRRR: $2.9 million

比特币ETF连3日净流出!BTC站上6.6万美元 Meme币反弹

Bitcoin spot ETF flow

Mainstream currencies rebound, meme coins rebound

Although Bitcoin ETFs still have net outflows, they benefit from The Federal Reserve announced that it would keep interest rates unchanged, and the market became more confident in cutting interest rates in June. U.S. stocks and cryptocurrencies rose on the 21st.

Bitcoin is back to the 66,000 level, and Ethereum is back above $34,00.

Meme coins that have plummeted in recent days have also rebounded significantly:

  • Dogecoin (DOGE): 17.85%

  • Shiba Inu(SHIB): 9.51%

  • Pepe(PEPE): 21.27%

  • dogwifhat(WIF): 16.57%

  • FLOKI: 41.5%

  • Bonk(BONK): 11.13%%

Emerging Meme Coin BOME( -1.79%) and SLERF (2.3%) show no signs of recovery.

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