Spot Bitcoin ETF Biggest Winners and Losers One Year On | Global News Avenue

In its first year of trading, spot Bitcoin (Bitcoin USD) Exchange-traded funds have seen billions of dollars flow into them and have been successful Easier for investors Invest in cryptocurrencies. However, not all Bitcoin ETFs are created equal, and the past year has shown us that there is a clear winner.

Since the start of trading on January 11, 2024, Spot Bitcoin ETF Net inflows were about $36.2 billion, according to Farside Investors. While iShares Bitcoin Trust (it will go)The net inflow value is close to $38 billion During this period, total outflows exceeded Grayscales Bitcoin Trust Provides $21 Billion (GBTC) dragging down total inflows.

It is understood that the market has repeatedly seen large transactions with a single-day transaction volume exceeding US$5 billion. neighborhood.

iShares Bitcoin ETF wins record

IBIT’s massive inflows are almost three times that of its nearest competitor.

Fidelity Wise Origins Bitcoin Fund (Forbitt) is the only spot Bitcoin ETF with inflows exceeding $10 billion. In fact, the Bitwise Bitcoin ETF (BITB) and ARK 21Shares Bitcoin ETF (ARKB) was the only other fund to see billions of dollars of inflows.

At current scale, IBIT’s AUM is at As of January 19, 2025, sales were US$52.9 billion, significantly higher than other similar products.

Not only did the ETF leave its competitors in the dust, it also broke all kinds of records.

For example, IBIT reached the $50 billion assets under management milestone in just 227 trading days, breaking the previous record of 1,323 days set by the iShares Core MSCI Emerging Markets ETF (electromyography), said Bloomberg ETF analyst Eric Balchunas.

Bitcoin is often called digital gold, but IBIT Not only goes beyond iShares Own Gold ETF (international astronomical union) assets, but is quickly catching up with the $75 billion in assets held by SPDR Gold Shares, the world’s largest gold ETF (GLD).

GBTC has seen massive outflows, while ETFs have had little success

Finding the biggest losers in the first year of spot Bitcoin ETF trading is a bit difficult because there are arguments for and against GBTC.

On the one hand, the ETF experienced massive outflows of $1.6 billion in its first year of trading. On the other hand, it remains the second or third largest spot Bitcoin ETF on the market, depending on the circumstances. Of course, it is worth noting that some of GBTC’s assets have also been spin off Enter the Grayscale Bitcoin Mini Trust ETF (Bitcoin).

The mismatch between GBTC inflows and AUM is due to the fact that the fund existed before these financial products were approved for listing as ETFs.

There are also some ETFs that do little good. Fund initiated by Franklin (B.C.), Invesco (BTCO), Valkyrie (BRRR), Van Eyck (long term holding) and the wisdom tree (BTCW) all experience less than US$1 billion in capital inflow in their first year of trading.