Bitcoin ETFs Face $143.43M Outflow as IBIT Tops with $50.37B in Assets

• Bitcoin ETFs recorded a $143.43M net outflow, impacting several funds despite strong long-term demand.
• IBIT maintained the top position with $50.37B in assets, while FBTC faced a $46.08M outflow.
• Bitcoin ETF’s total net assets reached $99.37B, representing 5.77% of Bitcoin’s market capitalization.

In a recent SoSoValue update on Bitcoin exchange-traded funds (ETFs), the daily total net inflow stood at -$143.43 million as of March 4, reflecting outflows from some ETFs. The cumulative total net inflow reached $36.72 billion, showing overall long-term demand.

IBIT Leads With $50.37B in Assets as FBTC Sees $46.08M Outflow

According to the update, the total value traded on March 4 amounted to $4.55 billion, while the total net assets of Bitcoin ETFs stood at $99.37 billion, accounting for 5.77% of Bitcoin’s market capitalization. The market data section ranks Bitcoin ETFs based on net assets. The top ETF, IBIT (BlackRock), had $50.37 billion in assets, a -1.30% premium/discount, and no net inflows. 

Fidelity’s FBTC ETF ranked second with $17.59 billion in assets and a -1.16% premium but recorded a daily net outflow of $46.08 million. GBTC (Grayscale) held $16.99 billion in assets with a slight premium of 0.08% but had no daily inflows, maintaining a cumulative net outflow of $22.35 billion.

ARKB Sees $43.92M Outflow as BTC Gains $35.77M Inflow

ARKB (Ark Invest) registered $4.33 billion in assets with a -1.36% premium/discount and a daily outflow of $43.92 million. BTC (Grayscale) saw a daily net inflow of $35.77 million, increasing cumulative inflows to $1.09 billion, with total assets at $3.49 billion. 

BITB (Bitwise) recorded a daily outflow of $23.96 million , totaling $2.06 billion in cumulative inflows with $3.41 billion in assets. Other ETFs, such as HODL (VanEck) held $1.24 billion in assets with no inflows, while Valkyrie’s BRRR had $636.08 million with no new inflows. 

Invesco’s BTCO ETF saw $166.85 million in cumulative inflows but had a daily outflow of $16.47 million. Franklin’s EZBC recorded $520.28 million in net assets and a daily outflow of $13.07 million. BTCW (WisdomTree) had $247.87 million in net assets, with a daily outflow of $13.07 million.