#Bitcoin ETF inflows totaled $1.96 billion.#
Hot Topic Overview
Overview
Last week (January 13-17, Eastern Time), Bitcoin spot ETFs saw net inflows of $1.96 billion, with BlackRock's Bitcoin ETF IBIT leading with net inflows of $746 million. Fidelity's BTC ETF FBTC came in second with net inflows of $680 million. Grayscale Bitcoin Trust GBTC saw net outflows of $87.68 million. As of press time, Bitcoin spot ETFs have total net assets of $121.28 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 5.85%. The total accumulated net inflows have reached $38.18 billion.
Ace Hot Topic Analysis
Analysis
Last week (January 13-17, EST), Bitcoin spot ETFs saw net inflows of $1.96 billion. BlackRock's Bitcoin ETF IBIT led the pack with net inflows of $746 million. Fidelity's BTC ETF FBTC came in second with net inflows of $680 million. Grayscale's Bitcoin Trust GBTC saw net outflows of $87.68 million, making it the largest net outflowing Bitcoin spot ETF last week. As of press time, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market capitalization) of 5.85%. The total cumulative net inflows have reached $38.18 billion.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin Spot ETF saw net inflows of $1.96 billion last week, indicating continued institutional interest in cryptocurrency.
BlackRock's Bitcoin ETF IBIT saw net inflows of $746 million last week, making it the largest net inflow Bitcoin spot ETF last week, demonstrating BlackRock's leading position in the cryptocurrency space.
Grayscale's Bitcoin Trust GBTC saw net outflows of $87.68 million last week, which could be due to investor concerns about the future uncertainty of Grayscale Trust.
The net asset ratio (market cap relative to total Bitcoin market cap) of Bitcoin spot ETFs has reached 5.85%, indicating the growing influence of ETFs in the Bitcoin market.