Bitcoin ETFs See $1B Inflows as BTC Holds Highest Ever Price

Spot Bitcoin ETFs achieve a new record as BTC surges to a its highest ever price level.

Space man Arranging Bitcoin ETF in space.
Created by Kornelija Poderskytė from DailyCoin
  • Bitcoin ETFs have set a new record.
  • The funds witnessed their biggest-ever daily inflows.
  • The development comes as BTC hovers around a new ATH price level.

Spot Bitcoin exchange-traded funds (ETFs) have set a new record after witnessing their biggest inflows of over $1 billion on March 12, BitMEX Research data shows.

The record-breaking milestone highlights increased investor appetite and demand for these new investment products. It also highlights the underlying crypto asset, Bitcoin, which has gained 232.9% in the last year and is now trading at a new all-time high price level.

Bitcoin ETF Inflows Surge Aligns with BTC Rally

According to a post shared by BitMEX Research on Wednesday, spot Bitcoin ETFs closed yesterday with a massive 14,706 BTC inflow, approximately $1.045 billion per current market price.


BlackRock’s iShares Bitcoin ETF (IBIT), which recently surpassed $10 billion in assets under management (AUM), accounted for $849 million of inflow. At the same time, Fidelity’s FBTC, VanEck’s HOLD, and 21Shares’ ARK witnessed comparatively lower inflows of $51.6 million, $82.9 million, and $93 million, respectively.

Despite the Franklin Bitcoin ETF (EZBC) recording its lowest inflows ($148 million) to date, yesterday’s performance continues the objectively successful trend of these funds across nearly all measurable metrics.

Since their launch on January 11, the funds managed to record $4.1 billion in net inflows and capture over 90% of the daily trading volume market share for ETFs offering Bitcoin exposure as of yesterday, marking yet another milestone for the BTC ecosystem.


Meanwhile, BTC surged over 2% in the last 24 hours to an all-time high price of $73,517.03 on March 13, according to CoinMarketCap data. The crypto asset was trading at $73,205 with a market cap of $1.44T as of press time.

Read about the upcoming Bitcoin halving event:

Bitcoin Halving: Is a BTC Bull Run Guaranteed?

Stay updated on Grayscale’s plan with a new Bitcoin product:

Grayscale Eyes ‘mini’ GBTC Spinoff as Outflows Top $11.05B

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.