Spot Bitcoin ETFs Record Staggering $4.7 Billion In Seven-Day Inflow Streak — Details
Spot Bitcoin ETF (Exchange Trade Fund) picks up from the place where it left in 2024 and likes me very muchInsufficient investors’ attention In the New Year. After Donald Trump’s recent recent inauguration ceremony, this positive emotion has further intensified.
The funds of this headquarters in the United States continued their impressive capital influx, and the positive net inflow of Friday on January 24 exceeded $ 500 million. It is not surprising that this positive operation has been reflected in the price of the Prime Minister’s cryptocurrency. The company’s price has stabilized about $ 105,000 this weekend.
Bitcoin ETF registered $ 517 million within one day
according to The latest market dataOn Friday, on Friday, the total net influx of the US spot Bitcoin ETF was 517 million US dollars, representing the seventh consecutive day of encrypted investment products experienced net capital inflows.
Surprisingly, Fidelity Wise Origin Bitcoin Fund (with the stock FBTC) led the group with a price of more than $ 186 million. In the past few weeks, the fund has performed strongly and continues to consolidate its position as the second largest BTC ETF.
The ARK 21SHARES Bitcoin ETF (with stock ARKB) ranked second, and the total inflow ended this week was about $ 169 million. at the same time, Belide Ishares Bitcoin Trust (with stock IBIT) in the next time, the value of more than $ 155 million on the same day was increased.
Other Bitcoin ETFs of other single -day performance include the Gray Bitcoin mini Trust Fund (BTC) and Wisdomtree Bitcoin Trust (BTCW), which are $ 13 million and US $ 2.79 million, respectively. Bitcoin ETF (BITB) is the only exchange trading fund released on Friday on Friday, withdrawn from $ 8.6 million.
Nevertheless, the single -day performance cost of US $ 517 million enabled the weekly record of Bitcoin ETFs headquartered in the United States to $ 1.76 billion. At the same time, it expands its current positive inflow rate to 7 days, and the exchange stocks have charged $ 4.7 billion in capital during this period.
Bloomberg ETF expert Post on XThe
The spot Bitcoin ETF quietly ignited for a year, with a flow of 4.2B, accounting for 6 % of all ETF traffic. Now with the+$ 40B net as the net, it has launched a 121B US dollars from AUM, with a return rate of 127 %. In the context, they have just passed the ESG ETF of the asset ($ 117B), and they are the same as the golden point.
Bitcoin price overview
The recent stable capital influx may have been converted to Bitcoin price remains survive Although the recent uncertainty has shrouded the market. As of writing this article, the value of the Prime Minister’s cryptocurrency is about $ 104,500, reflecting that there has been no major movement in the past 24 hours.
