#Bitcoin ETF inflows exceed $1.9 billion.#
Hot Topic Overview
Overview
Bitcoin spot ETFs saw net inflows of $1.96 billion last week, with BlackRock's IBIT ETF leading the pack with net inflows of $746 million. As of January 17, total net inflows for Bitcoin spot ETFs have surpassed $1.9 billion, with total net assets reaching $121.28 billion. The ETF net asset ratio (market capitalization relative to Bitcoin's total market capitalization) stands at 5.85%. Ethereum spot ETFs saw net inflows of $212 million last week, with BlackRock's ETHA ETF leading the pack with net inflows of $151 million. As of January 17, total net inflows for Ethereum spot ETFs have reached $2.65 billion, with total net assets reaching $12.62 billion. The ETF net asset ratio (market capitalization relative to Ethereum's total market capitalization) stands at 2.99%.
Ace Hot Topic Analysis
Analysis
Recently, inflows into Bitcoin spot ETFs have continued to climb, reaching a total net inflow of $1.96 billion last week (January 13-17). BlackRock's Bitcoin ETF IBIT led the way with a weekly net inflow of $746 million. As of now, the IBIT has seen a total net inflow of $38.41 billion. Fidelity's BTC ETF FBTC followed closely with a weekly net inflow of $680 million, reaching a total net inflow of $12.84 billion. Notably, Grayscale's Bitcoin Trust GBTC saw a net outflow of $87.68 million last week, bringing its total net outflow to $21.65 billion. 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 cumulative net inflow has reached $38.18 billion.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin spot ETFs continue to receive strong interest from institutional investors, with net inflows of $1.96 billion last week, signaling growing institutional confidence in the cryptocurrency market.
BlackRock's Bitcoin ETF IBIT and Ethereum ETF ETHA saw the largest net inflows, highlighting the firm's influence in the cryptocurrency market.
Grayscale's Bitcoin Trust GBTC and Ethereum Trust ETHE continued to see net outflows, potentially linked to the ongoing lawsuit against Grayscale.
The net asset ratio (market cap compared to total Bitcoin market cap) for Bitcoin spot ETFs has reached 5.85%, demonstrating the increasing importance of ETFs in the cryptocurrency market.