Bitcoin Spot ETFs experience net outflows, Grayscale ETF GBTC sees single-day outflow of $169 million

Bitcoin spot ETFs experienced a total net outflow of $51.6 million on March 22nd. Grayscale ETF GBTC saw a single-day net outflow of $169 million, bringing its historical net outflow to $13.8 billion.

Additionally, BlackRock ETF IBIT had a single-day net inflow of only $18.89 million, marking a historical low for two consecutive days. As of now, the net asset value of Bitcoin spot ETFs was $52.54 billion