Out of 10 approved ETFs, Grayscale Bitcoin Trust (GBTC) and Invesco Galaxy Bitcoin ETF (BTCO) were the only two record net outflows on March 5, worth $332.5 million and $14.2 million, respectively.
The iShares exchange-traded funds (ETFs) by BlackRock (IBIT) recorded its highest daily inflow of $788 million on March 5, exceeding its previous all-time high inflow of $612.1 million from Feb. 28.
The Bitcoin ecosystem reached two landmark milestones — a new Bitcoin (BTC) all-time high of $69,324 and an influx of spot BTC ETF investments in the United States. Data from investment management company Farside showed a total inflow of $648.3 million on the day Bitcoin reached its ATH.
Out of 10 approved ETFs, Grayscale Bitcoin Trust (GBTC) and Invesco Galaxy Bitcoin ETF (BTCO) were the only two record net outflows on March 5, worth $332.5 million and $14.2 million, respectively.
