Bitcoin
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$69,590.00 1.81954
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$3,883.53 1.25491
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BNB
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$604.07 0.87965
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$169.96 5.10578
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$0.0000255 4.94969
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$0.0000384 12.05117
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Bitcoin
Bitcoin (BTC)
$69,590.00 1.81954
Bitcoin price
Ethereum
Ethereum (ETH)
$3,883.53 1.25491
Ethereum price
BNB
BNB (BNB)
$604.07 0.87965
BNB price
Solana
Solana (SOL)
$169.96 5.10578
Solana price
XRP
XRP (XRP)
$0.5336520 1.26948
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000255 4.94969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000165 3.19457
Pepe price
Bonk
Bonk (BONK)
$0.0000384 12.05117
Bonk price
Bitcoin
Bitcoin (BTC)
$69,590.00 1.81954
Bitcoin price
Ethereum
Ethereum (ETH)
$3,883.53 1.25491
Ethereum price
BNB
BNB (BNB)
$604.07 0.87965
BNB price
Solana
Solana (SOL)
$169.96 5.10578
Solana price
XRP
XRP (XRP)
$0.5336520 1.26948
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000255 4.94969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000165 3.19457
Pepe price
Bonk
Bonk (BONK)
$0.0000384 12.05117
Bonk price
Bitcoin
Bitcoin (BTC)
$69,590.00 1.81954
Bitcoin price
Ethereum
Ethereum (ETH)
$3,883.53 1.25491
Ethereum price
BNB
BNB (BNB)
$604.07 0.87965
BNB price
Solana
Solana (SOL)
$169.96 5.10578
Solana price
XRP
XRP (XRP)
$0.5336520 1.26948
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000255 4.94969
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000165 3.19457
Pepe price
Bonk
Bonk (BONK)
$0.0000384 12.05117
Bonk price
SirWin
SirWin
SirWin

Bitcoin ETFs net $203m daily inflows, anticipation builds for halving

bitcoin-etfs-see-203m-net-daily-inflows-halving
Edited by
News
Bitcoin ETFs net $203m daily inflows, anticipation builds for halving

Spot Bitcoin ETFs, or exchange-traded funds, witnessed a net inflow of $203 million on Friday, April 6, continuing a trend for the fourth straight day.

According to SoSoValue, Grayscale’s ETF, GBTC, saw its net assets decrease by $198 million on the same day, pushing its total net withdrawals to $15.51 billion.

Meanwhile, BlackRock’s iShares Bitcoin Trust, which trades under the ticker IBIT, led the market with a single-day inflow of $308 million, raising its total inflows to $14.77 billion.

Bitcoin ETFs saw a net outflow of $85.8 million on Monday, April 1 — the only net outflow in the past ten days of trading. Consequently, BTC price dropped to $65,000, triggering broader liquidations across the market. 

Bitcoin ETFs inflow
Bitcoin ETF net inflow | Source: SoSo Value

However, the four consecutive days of inflows have helped Bitcoin recover over $67,000.

Institutional investments have played a significant role in BTC’s market movements since the SEC approved Bitcoin ETFs in January. 

Despite the recent price corrections, close observers (i.e., SkyBridge’s Anthony Scaramucci) predict a larger rally for the premier cryptocurrency following its halving later this month. See below.

Bitcoin Cash (BCH), a fork of Bitcoin, rallied over 10% immediately after its halving last week.

The market is anticipating a similar impact on the BTC market, as recent reports showed that the token increased by an average of 3,230% after each of the last three halving.