Bitcoin Spot ETFs Log $962.48 Million Net Inflow on March 2, BlackRock's IBIT Dominates
Bitcoin spot exchange-traded funds (ETFs) collectively registered a substantial net inflow of $962.48 million on March 2, marking a significant day for the nascent investment products. According to data compiled by Trader T, BlackRock's IBIT emerged as the primary driver of this capital influx, attracting a dominant $767.47 million. Fidelity's FBTC also saw considerable interest, securing $94.8 million in inflows, followed by Bitwise's BITB with $36.4 million. Other funds contributing to the robust performance included VanEck's HODL ($19.54 million), Grayscale's mini BTC ($18.36 million), Franklin's EZBC ($13.98 million), Invesco's BTCO ($6.2 million), and Ark's ARKB ($5.73 million), underscoring sustained investor appetite for direct Bitcoin exposure