**Bitcoin ETF Records Inflow of US$165 Million After Digital Asset Summit**
The Bitcoin (BTC) exchange-traded fund (ETF) has recorded a significant inflow of US$165 million following the Digital Asset Summit held in New York City on Thursday (20/03).
Interestingly, this marks the fourth consecutive day that the Bitcoin ETF has recorded inflows. This trend indicates that institutional investor interest is beginning to recover after a long period of withdrawals or outflows.
Data from Coinglass shows that most of the inflows came from the iShares Bitcoin Trust (IBIT), BlackRock's Bitcoin ETF, which added US$172 million. Additionally, the Fidelity Wise Origin Bitcoin Fund (FBTC) and the VanEck Bitcoin ETF (HODL) also recorded inflows of US$9.2 million and US$11.9 million, respectively.
Conversely, the Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust ETF (GBTC), and Franklin Bitcoin ETF (EZBC) experienced outflows of US$17.4 million, US$8 million, and US$7.3 million, respectively.