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Bitcoin ETF Inflow Resumes: Funds Raise $475M

Bitcoin ETF Inflow Resumes: Funds Raise $475M

HappyCoinNewsHappyCoinNews2024/12/28 13:44
By:HappyCoinNews

After four days of decline, spot bitcoin ETF again recorded a positive result.

On December 26, the total inflow into exchange-traded funds based on the flagship crypto asset exceeded $475,15 million. This slightly compensates for the loss of $1,5 billion that investors withdrew from ETF this week.

Fidelity's FBTC led the way in inflows with $254,37 million, followed by ARKB's ARK and 21Shares with $186,94 million. BlackRock's IBIT raised about $56,51 million from investors, Grayscale Bitcoin Mini Trust and HODL VanEck raised $7,19 million and $2,7 million, respectively.

Some of the inflow was offset by outflows from Grayscale's GBTC and Bitwise's BITB, which saw $24,23 million and $8,32 million withdrawn, respectively. The remaining five BTC- ETF recorded a zero result on December 26.

Bitcoin ETF Inflow Resumes: Funds Raise $475M image 0

On December 26, the total trading volume of spot BTC- ETF amounted to $2,13 billion, which is close to the $2,16 billion recorded the day before.

Nine exchange-traded funds based on Ethereum also showed a positive result. On December 26, investors invested almost $117,09 million in them. In just three days of inflow, the funds attracted more than $301 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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