#Bitcoin ETF inflows totaled $1.96 billion.#
Hot Topic Overview
Overview
Last week (January 13-17), Bitcoin spot ETFs saw a total net inflow of $1.96 billion, with BlackRock's Bitcoin ETF IBIT leading the way with a net inflow of $746 million. Fidelity's BTC ETF FBTC followed closely behind, with a weekly net inflow of $680 million. Grayscale's Bitcoin Trust GBTC, on the other hand, saw a net outflow of $87.68 million. To date, total net assets of Bitcoin spot ETFs stand at $121.28 billion, with the ETF net asset ratio (market capitalization as a percentage of total Bitcoin market capitalization) reaching 5.85%. The historical cumulative net inflow has reached $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. BlackRock's Bitcoin ETF IBIT led the pack with a net inflow of $746 million, followed closely by Fidelity's BTC ETF FBTC with a weekly net inflow of $680 million. Grayscale's Bitcoin Trust GBTC, however, saw a net outflow of $87.68 million. As of press time, the total net asset value of Bitcoin spot ETFs stands at $121.28 billion, with the ETF net asset ratio (market capitalization as a percentage of total Bitcoin market capitalization) reaching 5.85%. The total accumulated net inflow has reached $38.18 billion.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin spot ETFs saw net inflows of $1.96 billion last week, indicating continued investor interest in cryptocurrencies.
BlackRock's Bitcoin ETF IBIT was the ETF with the highest net inflows last week, with weekly net inflows of $746 million, showing institutional investors' trust in the BlackRock brand.
Grayscale's Bitcoin Trust GBTC saw net outflows of $87.68 million last week, reflecting declining investor confidence in Grayscale products.
The net asset ratio (market capitalization as a percentage of the total bitcoin market capitalization) of Bitcoin spot ETFs reached 5.85%, indicating the growing influence of ETFs in the Bitcoin market.