On April 3, there was a significant increase in net daily capital inflows in the spot Bitcoin ETF sector, totaling over $113 million. SoSo Value reported that capital inflows have rebounded after a period of decline, with Fidelity’s spot Bitcoin ETF (FBTC) leading the way with $116.6 million in inflows. Following closely behind is the iShares Bitcoin Trust (IBIT) with $42 million in inflows.

In contrast, capital outflows from the Grayscale Bitcoin Trust ETF (GBTC) hit a new low of $75.1 million by the end of February. On April 2, net outflows from the ARK Invest (ARKB) Bitcoin ETF surpassed GBTC for the first time, totaling $87.5 million. The total net inflow into spot Bitcoin ETFs reached $40.3 million, with significant contributions coming from BlackRock and Fidelity.

Despite the positive inflows into various spot Bitcoin ETFs, negative dynamics were observed in GBTC, which has been experiencing outflows since the launch of spot BTC ETFs in the American market in January. The total outflows from GBTC have exceeded $15 billion.

The trend of outflows in the spot Bitcoin ETF market shifted recently, with $87.5 million flowing out of ARKB and $81.9 million flowing out of GBTC. This change began on April 1 when investors withdrew approximately $300,000 from the ARK Invest fund.

It is important to note that fluctuations in ETF flows are common and should not be a cause for concern. Overall, the cryptocurrency market remains dynamic and constantly evolving.

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