Consecutive days of inflows into U.S. spot bitcoin ETFs have seen the total net asset value of bitcoin ETFs rise to $123.59 billion.
Bitcoin ETFs See Four Successive Days of Inflows Worth Over $3 Billion
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Bitcoin ETFs Continue Strong Inflow Performance
Over the past four days, bitcoin spot exchange-traded funds (ETFs) have experienced $3.26 billion in inflows. According to data from Sosovalue, the highest inflow during this period came on Jan. 17, when $1.08 billion flowed into the various bitcoin funds.
On Jan. 21, $802.5 million was recorded in inflows with Blackrock’s IBIT seeing the highest new inflow of $661.86 million. This raised its cumulative net inflow to $39.07 billion, more than 3 times the size of Fidelity’s FBTC cumulative net inflow of $12.84 billion.
Grayscale’s BTC fund saw $136.39 million in inflows with Ark and 21Shares’ ARKB, Fidelity’s FBTC, and Franklin’s EZBC completing the inflows with $8.51 million, $6.97 million, and $6.18 million respectively. Bitwise’s BITB recorded the only outflow of the day with $17.41 million leaving the fund while the other funds remained neutral.
Bitcoin spot ETFs have a total net asset value of $123.59 billion, and their market value is 5.88% of bitcoin’s market value.
Ether ETFs also continued a 4-day inflow streak with $74.43 million inflows. Blackrock’s ETHA led the inflow with $56.31 million, followed by Grayscale’s ETH with $12.49 million.
Other contributors to the daily inflow were Vaneck’s ETHV with $3.65 million, Fidelity’s FETH with $3.32 million, and Bitwise’s ETHW with $3.10 million.
Combined, the 9 spot ether ETFs hold $12.07 billion in total net assets, amounting to 3% of ether’s market cap.
