#BitwiseBitcoinETF

Almost 80% of the demand for BTC-ETFs came from retail investors

Happycoin.club - 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. Rounding out the top five is the Bitwise Bitcoin ETF (BITB) with $2.19 billion.

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

According to a report from the cryptocurrency exchange Binance, almost 80% of the demand for spot Bitcoin ETFs came from retail investors rather than institutional ones. However, according to Bitwise's Chief Investment Officer Matt Hougan, 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 BTC price to $200,000, according to Bitwise, or to $180,000, according to analysts at VanEck.