#Bitcoin ETF net inflows of $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 $746 million in net inflows. Fidelity's BTC ETF FBTC followed closely with $680 million in net inflows. Grayscale Bitcoin Trust GBTC saw net outflows of $87.68 million. As of press time, the total net assets of Bitcoin spot ETFs reached $121.28 billion, with an ETF net asset ratio (market cap to Bitcoin's total market cap) of 5.85%, and a total cumulative net inflow of $38.18 billion.
Ace Hot Topic Analysis
Analysis
Last week (January 13-17, Eastern time), Bitcoin spot ETFs saw a total net inflow of $1.96 billion, with BlackRock's Bitcoin ETF IBIT leading the way with net inflows of $746 million. Fidelity's BTC ETF FBTC came in second with a weekly net inflow of $680 million. Grayscale's Bitcoin Trust GBTC saw a net outflow of $87.68 million for the week. As of press time, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with the ETF net asset ratio (market capitalization relative to the total market capitalization of Bitcoin) at 5.85%. The cumulative net inflow to date has 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 investor interest in cryptocurrencies.
BlackRock's Bitcoin ETF IBIT saw net inflows of $746 million last week, the most among all Bitcoin spot ETFs, reflecting BlackRock's influence as the world's largest asset manager.
Grayscale's Bitcoin Trust GBTC saw net outflows of $87.68 million last week, indicating a decline in investor confidence in Grayscale.
The net asset ratio (market capitalization as a percentage of the total Bitcoin market capitalization) of Bitcoin spot ETFs has reached 5.85%, indicating that ETFs are playing an increasingly important role in the overall Bitcoin market.