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  • Bitcoin ETFs Attract Nearly $223 Million in Inflows

Bitcoin ETFs Attract Nearly $223 Million Inflows

December 12, 202416:28 GMT+2

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Spot Bitcoin ETFs on the US exchange saw record inflows as the price of Bitcoin crossed the $100,000 mark, with the funds attracting inflows of around $223.03 million on December 11.

According to data from SoSoValue, Fidelity’s FBTC fund led the inflows list, attracting $121.9 million in investments, continuing a streak of inflows that has spanned 10 consecutive days. ARK’s ARKB fund, 21Shares’ ARKB fund, and Grayscale’s GBTC fund also recorded notable inflows of $52.67 million and $20.13 million, respectively.

As for other funds, Grayscale Bitcoin Mini Trust attracted inflows of $15.74 million, while Biwise BITB received inflows of around $12.16 million, and VanEck HODL received inflows of $2.87 million.

However, Valkyrie BRRR recorded outflows of $2.44 million. BlackRock’s IBIT fund also remained neutral, having seen inflows of $35.06 billion since its launch.

Also, the total trading volume of Bitcoin investment products was around $3.94 billion, down slightly from the previous figure of $3.97 billion. Among the 12 ETFs, net inflows were around $34.58 billion.

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