#Bitcoin ETF inflows hit $4.586 billion#
Hot Topic Overview
Overview
U.S. Bitcoin spot ETFs saw net inflows of $4.586 billion in December, with BlackRock's IBIT leading with $5.53 billion in net inflows, adding 51,538 BTC and now holding 551,918 BTC. Fidelity's FBTC saw net inflows of $267 million, while Grayscale saw net outflows of $866 million. BlackRock's IBIT has seen over $37 billion in net inflows in 2024, far exceeding the second-place Fidelity's FBTC with $12 billion. U.S. Bitcoin ETFs saw a total net inflow of $35 billion in 2024, averaging about $144 million in daily net inflows, making it the most prominent among the over 400 newly launched ETFs in 2024, occupying six of the top ten.
Ace Hot Topic Analysis
Analysis
In December 2024, the total net inflows of US Bitcoin spot ETFs reached $4.586 billion. BlackRock's IBIT had the highest net inflow at $5.53 billion, adding 51,538 BTC and currently holding 551,918 BTC. Fidelity's FBTC had a net inflow of $267 million, while Grayscale experienced a net outflow of $866 million (GBTC outflow of $976 million and BTC inflow of $110 million). Overall, BlackRock's IBIT performed the most brightly in 2024, with net inflows far exceeding other Bitcoin spot ETFs, while Grayscale GBTC experienced a significant net outflow. In addition, BlackRock's ETHA also led the way in Ethereum spot ETFs, with net inflows of $3.5 billion in 2024. The overall net inflow of US Bitcoin ETFs was $35 billion, with BlackRock's IBIT exceeding $37 billion, far surpassing the second-place Fidelity FBTC's $12 billion. US Bitcoin ETFs were the most prominent among the over 400 new ETFs launched in 2024, occupying six of the top ten spots.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US Bitcoin spot ETFs saw net inflows of $45.86 billion in December 2024, a record high.
BlackRock's IBIT was the biggest beneficiary, with net inflows of $55.3 billion, accounting for the vast majority of total inflows.
Other major ETFs include Fidelity's FBTC, with net inflows of $267 million, while Grayscale's GBTC saw net outflows of $866 million.
The strong performance of US Bitcoin spot ETFs indicates continued investor interest in cryptocurrencies and a bullish outlook for Bitcoin.