Recently, a net money inflow of $243.41 million was recorded in spot Bitcoin ETFs, which determine the course of the cryptocurrency market.

The leading cryptocurrency Bitcoin (BTC) has been quite volatile in recent days. The price of BTC rose to $71,500 as demand for spot Bitcoin ETFs increased. However, the price experienced a sudden decline and dropped to $68,359. These fluctuations created concern among investors in the market.

In the volatile crypto market, where spot Bitcoin ETFs are gaining ground, ETFs that experienced net money outflows the previous week recorded net money inflows for three consecutive days this week.

A positive development occurred on March 27. A total of $243.41 million net inflow was provided to Spot Bitcoin ETFs.

According to data provided by SosoValue, net inflows were seen in spot Bitcoin ETFs on the third trading day of the week. On March 27, spot ETFs recorded a total inflow of $243.41 million.

Spot Bitcoin ETFs, which showed a net outflow on five trading days the previous week, experienced a net inflow on three trading days this week. This positive development in spot ETFs continued to support the BTC price.

According to the data, there was a net outflow of $ 299.84 million from Grayscale's spot ETF GBTC. GBTC recorded a total net outflow of $14.66 billion.

BlackRock's IBIT product provided a net inflow of $323.76 million. While there was more money inflow to IBIT in the first two days of the week, Fidelity's FBTC fell weak this time and realized a net money inflow of $ 1.5 million.

Ark Invest's ARKB, on the other hand, made a big exit by recording a net money inflow of 200.75 million dollars.

#BitcoinDunyamiz

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