Bitcoin
Net inflows for the ten spot bitcoin ETFs combined reached $2.57 billion last week — up 15 % from the $2.24 billion worth of inflows generated the week prior — according to data from BitMEX Research and Farside Investors.
BlackRock's $iShares Bitcoin Trust(IBIT)$ continued its dominance, generating $2.48 billion in inflows.
There is little insight into what drove the surge in outflows from the $Grayscale Bitcoin Trust(GBTC)$ , which reached $1.83 billion in total over four days, the report said.
Coinbase noted that net outflows amounted to $836 million between March 18 and March 21.
Bitcoin slipped below $63,000 last week as the outflows sped up. It was recently trading at around $66,800.
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