$BTC In 2024, the net inflow of funds into American spot bitcoin funds exceeded $35.66 billion. This is significantly higher than the initial estimate of $14 billion made by analysts at Galaxy Digital.

The most popular among investors was the iShares Bitcoin Trust ETF (IBIT) from BlackRock with a net inflow of $37.31 billion. The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) took third and fourth places with $11.84 billion and $2.49 billion, respectively. The top five is rounded out by the Bitwise Bitcoin ETF (BITB) with $2.19 billion.

Data on inflows into BTC-ETFs from December 19 to 27

According to a report by the cryptocurrency exchange Binance, nearly 80% of the demand for spot bitcoin ETFs came from retail investors rather than institutional ones. However, according to Matt Hougan, Chief Investment Officer at Bitwise, the situation may change next year, and corporate investors will become more active in investing in exchange-traded funds based on the flagship cryptocurrency.

One of the catalysts for demand will be the rise in the price of BTC to $200,000, according to Bitwise, or to $180,000, according to analysts at VanEck.

Spot ETFs based on Ethereum also showed significant results, gaining about $2.68 billion since their launch in July.#BtcNewHolder