The U.S. Spot Bitcoin ETF has witnessed a remarkable surge in weekly inflows, hitting a staggering $2.5 billion by the end of March 15. This resurgence in institutional interest signals a revival of confidence among Wall Street players toward the cryptocurrency market.
However, as the market braces for the Federal Open Market Committee (FOMC), concerns loom over a potential correction in Bitcoin’s price amid recent volatility.
Bitcoin ETF Inflow Soars Signaling Wall Street Interest
According to Farside Investors’ data, the U.S. Spot Bitcoin ETF recorded a substantial inflow of $198.8 million on March 15, marking a notable increase from the previous day’s $132.7 million. Fidelity’s FBTC also demonstrated a remarkable surge, surpassing BlackRock’s IBIT with an influx of $155.6 million on the same day, compared to a mere $13.7 million on March 14.
Notably, BlackRock’s IBIT saw a decrease to $139.8 million on Friday from $345.4 million the prior day. In contrast, Grayscale’s
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