Loading... Loading... The opening quarter of the year ended with U.S. equity indices marking the fifth consecutive month of gains, gold prices soaring to all-time highs and
Bitcoin ‘s BTC/USD market cap surging by over $500 billion in the past three months. The exchange-traded fund (ETF) market witnessed significant activity, with certain funds capturing substantial inflows, reflecting shifting investor sentiment. A review of March’s ETF inflows uncovers a notable trend: two Bitcoin-related ETFs, launched just at the start of the year, have swiftly made their way into the top 10 for inflows. This rapid ascent highlighted a significant shift toward embracing
cryptocurrency within mainstream investment strategies. According to Canaccord Genuity , this “tailwind should persist” in the quarters to come as retail investors increasingly seek to incorporate Bitcoin ETFs into IRAs and other tax-favored accounts. “The anticipation is that spot ETFs will play a more pivotal role in influencing Bitcoin’s price dynamics in the future,” analysts said in a note. A Bank of America’s recent analysis revealed a shift in investor behavior, with ETF inflows surpassing single stock inflows for the first time in five weeks. Here’s an in-depth look at the top 10 ETFs by inflows for March, providing a clear view of where investors are placing their bets. March’s Top 10 ETF By Inflows: A Surprising Entry of Two Bitcoin Funds Rank ETF Name Inflows (USD) 1 SPDR S&P 500 ETF Trust SPY 21.288 B 2 Vanguard S&P 500 ETF VOO 8.294 B 3 iShares Bitcoin Trust IBIT 7.322 B 4 iShares S&P 500 Growth ETF IVW 4.808 B 5 iShares MSCI
USA Quality Factor ETF QUAL 3.931 B 6 BlackRock U.S. Equity Factor Rotation DYNF 3.597 B 7 Fidelity Wise Origin Bitcoin Fund FBTC 3.018 B 8 iShares U.S. Treasury Bond ETF GOVT 2.783 B 9 Vanguard Total Stock Market ETF VTI 2.693 B 10 Invesco QQQ Trust, Series 1 QQQ 2.682 B Data: Tradingview Read Now: Alarming Rise In Home Insurance Costs Expected To Continue Into 2024: Insurance Stock ETF Soars To All-Time Highs Photo: Shutterstock Loading... Loading...