Spot $BTC Bitcoin ETFs See Inflow of $637.50M Amid BTC Rally to $108K
The Bitcoin (BTC) Exchange Traded Fund (ETF) market recorded an inflow of US$637.50 million on Monday (16/12), marking a significant increase compared to the end of last week. This surge coincided with Bitcoin reaching a new all-time high of US$108,000, continuing its bullish rally.
Leading the inflows was BlackRock’s iShares Bitcoin Trust (IBIT), which attracted US$418.80 million, dominating the market.
Following IBIT, the funds were distributed as follows:
• Fidelity Wise Origin Bitcoin Fund (FBTC): US$116.10 million
• Ark 21 Shares (ARKB): US$47.70 million
• Bitwise Bitcoin ETF (BITB): US$30.70 million
• Grayscale Bitcoin Trust (GBTC): US$17.60 million
• Grayscale (BTC): US$6.60 million
However, several Spot Bitcoin ETFs did not record any fund flows at the beginning of the week, including:
• Bitwise Bitcoin Strategy Optimum Roll ETF (BTCO)
• VanEck (HODL)
• Valkyrie (BRRR)
• Franklin Templeton (EZBC)
• WisdomTree (BTCW)
This trend highlights the continued dominance of key players like BlackRock and Fidelity in the crypto ETF space, as investor interest in Bitcoin remains strong amid its historic rally.