#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 the way with a $5.53 billion inflow, adding 51,538 BTC. Fidelity's FBTC saw inflows of $267 million, while Grayscale saw outflows of $866 million. Overall, U.S. Bitcoin ETFs have performed strongly in 2024, with an average daily net inflow of approximately $144 million, occupying six of the top ten spots among the over 400 newly launched ETFs. Notably, Grayscale's GBTC saw net outflows of over $20 billion in 2024, while BlackRock's IBIT saw net inflows of over $37 billion this year, far exceeding the $12 billion of Fidelity's FBTC, which came in second.
Ace Hot Topic Analysis
Analysis
In December 2024, U.S. Bitcoin spot ETFs saw net inflows of $4.586 billion, with BlackRock's IBIT leading the way with $5.53 billion in net inflows, adding 51,538 BTC to its holdings, bringing its total to 551,918 BTC. Fidelity's FBTC saw net inflows of $267 million, while Grayscale experienced net outflows of $866 million, with GBTC seeing $976 million in outflows and $110 million in BTC inflows. Overall, BlackRock's IBIT saw over $37 billion in net inflows in 2024, far exceeding the second-place Fidelity FBTC with $12 billion. Grayscale Bitcoin Trust GBTC saw over $20 billion in net outflows in 2024, resulting in a total net inflow of $35 billion for U.S. Bitcoin ETFs. Additionally, BlackRock's ETHA led the way in Ethereum spot ETFs, with $3.5 billion in net inflows in 2024, followed by Fidelity's FETH with $1.5 billion. U.S. Bitcoin ETFs saw an average daily net inflow of approximately $144 million this year, making them 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 winner, with net inflows of $55.3 billion, accounting for the vast majority of total inflows.
Fidelity's FBTC also performed well, with net inflows of $267 million.
Grayscale GBTC saw net outflows of $866 million, indicating a decline in investor confidence in Grayscale products.