Bitcoin ETFs See $225.2 Million Net Inflow on March 3, Most Funds Turn Positive YTD

Bitcoin exchange-traded funds recorded a net inflow of $225.2 million on March 3, with nearly all products now showing positive year-to-date flows, Bloomberg senior ETF analyst Eric Balchunas said. Despite the renewed inflows, Bitcoin remains down 22% year-to-date and has fallen 50% from its peak, Balchunas noted.