As Bitcoin approaches the $100,000 mark, Bitcoin spot ETFs and stocks like MicroStrategy and Coinbase saw a single-day trading volume of $70 billion on the 21st, setting a new historical high.
BlackRock's Bitcoin spot ETF IBIT recorded a single-day trading volume of $5 billion, with MicroStrategy accounting for the majority of that day's trading volume. However, MicroStrategy's stock price has plummeted over 25% from its peak of $536.7, ultimately closing at $397.28. This may be related to a short attack from Wall Street firm Citron Research, which stated last night that while it is optimistic about Bitcoin, MicroStrategy's stock price has completely detached from its fundamentals, prompting their decision to short.
Total assets of Bitcoin spot ETFs exceed $100 billion.
As of the 21st, the total assets of Bitcoin spot ETFs in the United States have surpassed the $100 billion mark, currently reaching $100.337 billion. Since the approval of Bitcoin spot ETFs on January 11, the total net inflow has risen to $29.7 billion, a figure that includes over $20.2 billion in net outflows from Grayscale's GBTC.
The size of Bitcoin spot ETFs in the U.S. is nearing surpassing Satoshi Nakamoto, making them the largest holders of Bitcoin, and the total asset size of these ETFs is equivalent to 82% of gold ETFs, which have been trading in the U.S. market since November 2004.
BlackRock's IBIT has the highest net inflow among all Bitcoin spot ETFs, with $30.2 billion. Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF rank second and third, attracting net inflows of $11.2 billion and $2.7 billion, respectively.
Additionally, BlackRock's IBIT options contracts launched on November 20, achieving nearly $2 billion in trading volume on the first day, which is also quite impressive!