Bloomberg ETF Eric Balchunas explained on social media Bitcoin ETF (BTCO), Wisdomtree Bitcoin ETF ( BTCW), Vaneck Bitcoin Trust ETF (HODL), Franklin Bitcoin ETF (EZBC), and Valkyrie Bitcoin ETF (BRRR).

They began trading on January 11 after the US Securities and Exchange Commission (SEC) approved them the previous day.

From January 11 to February 26, 10 spot bitcoin ETFs, including GBTC, generated combined net inflows of USD 6.03 billion or the equivalent of IDR 94.4 trillion, according to Bitmex Research.

On launch day, the highest inflow was USD 655.2 million or equivalent to IDR 10.2 trillion, followed on February 13 with USD 631.2 million or equivalent to IDR 9.8 trillion.

On the other hand, the largest cryptocurrency, Bitcoin (BTC) managed to reach USD 57,000 or the equivalent of IDR 892.3 million. This is the highest price increase since 2021.