Spot Bitcoin ETFs post $225 million net outflow on March 27; BlackRock's IBIT sees $202 million exit
Spot Bitcoin ETFs saw a combined net outflow of $225 million on March 27 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily. BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest single-day redemption at $202 million, bringing its cumulative net inflows to $63.098 billion. Bitwise's BITB followed with a $18.5951 million net outflow, while its cumulative net inflows stand at $2.069 billion. As of publication, spot Bitcoin ETFs held $84.772 billion in total net assets. Their net asset ratio—market capitalization as a share of Bitcoin's total market cap—was 6.42%, and cumulative net inflows since launch totaled $55.935 billion.