After days of slow performance, spot Bitcoin ETFs have finally experienced a resurgence as the crypto market recovers, gaining $418 million in inflows on Tuesday, March 26.

Farside Investors data confirms that the ETF market is leveraging on the recent resurgence of Bitcoin (BTC). A total of $418 million in inflows marks the highest level of capital inflows into these products since March 13. 

In terms of individual performances, Fidelity Wise Origin Bitcoin (FBTC) has surpassed BlackRock’s iShares Bitcoin Trust (IBIT) for the second time in two days this week. FBTC attracted the highest inflow yesterday, amounting to $279.1 million. Meanwhile, IBIT followed closely with $162.2 million in inflows. Aside from Grayscale Bitcoin Trust (GBTC) continuing its typical pattern of outflows amounting to $212.3 million and the Wisdom Tree Bitcoin Fund (BTCW) remaining stable, other ETF products also reported positive flows. 

In addition, the Ark21Shares Bitcoin ETF (ARKB) experienced a remarkable rebound, with inflows surging from $0 on March 25 to $73 million on March 26. This amount marks its second-highest inflow for this month.

These latest figures bring the total cumulative inflows to these investment products since January to $11.7 billion, resulting in collective assets under management (AUM) of $58.755 billion at press time. 

Meanwhile, in a recent X post, Bloomberg’s senior ETF analyst Eric Balchunas highlighted the inclusion of Bitcoin ETFs in a chart as one of the 30 largest asset funds within its initial 50 days of trading. 

Balchunas expressed his astonishment at the presence of four Bitcoin ETFs on the list, emphasizing that BlackRock’s IBIT and Fidelity’s FBTC were “in a league of their own”.

Furthermore, Balchunas pointed out that even the Bitwise Bitcoin ETF (BITB) —currently ranked as the 18th largest Bitcoin ETF by assets under management — has surpassed the world’s largest SPDR Gold Shares (GLD) fund.