Overview
- Spot Bitcoin ETFs took in $53.8 million on March 12, led by BlackRock’s IBIT with $46.1 million and Fidelity’s FBTC with $15.3 million.
- Ethereum ETFs drew $72.4 million that day, paced by Fidelity’s FETH at $52 million and BlackRock’s ETHA at $18.7 million.
- Solana ETFs added $3.9 million entirely via Bitwise’s BSOL, while XRP-linked products posted $6.08 million in outflows led by Franklin’s XRPZ ($2.99 million) and 21Shares’ TOXR ($3.09 million).
- Higher-fee legacy vehicles continued to see redemptions, including Bitwise’s BITB with a $5.7 million outflow and Grayscale’s GBTC with $9.9 million in redemptions.
- Market analysts cite steady ETF demand as supporting Bitcoin’s price near $70,000, and issuers are preparing Ethereum funds with staking features, with James Seyffart reporting $15.5 million in first-day flows to a new BlackRock staking product.