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BTC Price Rebounds Despite The Third Day of Outflows for Bitco | Bitcoin News

BTC Price Rebounds Despite The Third Day of Outflows for Bitcoin ETFs

United States spot Bitcoin exchange-traded funds (ETFs) have experienced three consecutive days of total net outflows, with $261.5 million exiting the funds on March 20. According to Farside Investors data, the three-day net outflows have reached $742 million, as March 18 and 19 witnessed respective net outflows of $154.3 million and $326.2 million. On the other hand, BlackRock’s iShares Bitcoin Trust (IBIT) had its second-lowest net inflow day at $49.3 million, while the Fidelity Wise Origin Bitcoin Fund (FBTC) also had a relatively weak inflow day at $12.9 million.

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