#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. Notably, BlackRock's IBIT has seen over $37 billion in net inflows this year, far exceeding the $12 billion seen by Fidelity's FBTC, which came in second. Despite Grayscale Bitcoin Trust (GBTC) seeing over $20 billion in net outflows in 2024, U.S. Bitcoin ETFs overall saw $35 billion in net inflows, demonstrating continued investor interest in the asset class.
Ace Hot Topic Analysis
Analysis
In December 2024, U.S. Bitcoin spot ETFs saw net inflows of $4.586 billion, with BlackRock's IBIT accounting for the vast majority at $5.53 billion. Fidelity's FBTC saw net inflows of $267 million, while Grayscale experienced net outflows of $866 million. BlackRock's IBIT has already surpassed $37 billion in net inflows this year, far exceeding the $12 billion of Fidelity's FBTC, which came in second. Despite Grayscale Bitcoin Trust (GBTC) experiencing over $20 billion in net outflows in 2024, U.S. Bitcoin ETFs still saw a total net inflow of $35 billion. Additionally, BlackRock's ETHA led the way for Ethereum spot ETFs, with $3.5 billion in net inflows in 2024, followed by Fidelity's FETH at $1.5 billion. U.S. Bitcoin ETFs averaged approximately $144 million in daily net inflows 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 ETF 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 120% of the total inflows.
Fidelity's FBTC also performed well, with net inflows of $267 million.
Grayscale GBTC saw net outflows of $866 million.