The BTC spot ETF entered its fourth day of consecutive net outflows, with a net outflow of $93.83M last night (3/21). However, it can be seen that the amount of net outflows is gradually shrinking.

On the one hand, the outflow of grayscale (GBTC) is decreasing. Although the decrease is not large, it is still decreasing after all.
On the other hand, BlackRock (IBIT), which stalled two days ago, saw inflows come up again last night (3/21), reaching $233.45M.

Looking at this situation optimistically, maybe we can see a balance of inflows and outflows or a net inflow tonight?
If this trend continues, maybe everyone can have a good weekend😂

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On 3/21, ten BTC spot ETFs had a net outflow of $93.83M, which corresponds to a net outflow of approximately 1,437 BTC from the ETF custody address after the US stock market opens tonight (3/22):

◎ Outflow: Grayscale (GBTC) outflowed approximately 5,493 BTC (corresponding to an outflow of $358.79M on 3/21);
◎ Inflow: The remaining nine ETFs saw an inflow of approximately 4,056 BTC (corresponding to an inflow of $264.96M on 3/21). The main force was BlackRock (IBIT), with an inflow of 3,574 BTC ($233.45M).

The ten BTC spot ETFs currently hold a total of BTC: 825,350 BTC ($53.91B).
#CFX #sol #POLYX #POLYX