Bitcoin spot ETFs saw net inflows of approximately $2.5 billion this month, with IBIT ranking in the top 2% of ETFs.

March 24th news, according to Bloomberg analyst Eric Balchunas, Bitcoin spot ETFs have seen a cumulative net inflow of approximately $2.5 billion this month, largely filling the year-to-date outflow gap. Among them, BlackRock's IBIT has completely reversed its year-to-date net outflow situation and ranks among the top 2% of all ETFs for year-to-date inflows. Eric Balchunas pointed out that despite Bitcoin's price pullback of about 40% in the past 6 months and concentrated negative media reports, related ETF funds have shown strong resilience; in contrast, gold experienced about one-third of its holders redeeming during a similar decline about 10 years ago.