🎉 Bitcoin ETF has seen over $4.4 billion in inflows since the beginning of this month 🚀
Earlier this month, the inflow of funds into Bitcoin spot ETFs surged past the $4 billion mark. From December 2 to December 12, major Bitcoin spot ETFs, such as those from BlackRock, Fidelity, Bitwise, and others, welcomed significant inflows of capital.
These institutions’ managed funds experienced a rapid influx of capital shortly after Bitcoin's price surpassed the $100,000 mark. Even as Bitcoin's price trend began to stabilize afterward, the inflow of funds continued unabated and showed an increasing trend.
According to Farside data, starting from December 2, $353.6 million flowed into Bitcoin spot ETFs, with an additional $676 million on December 3. In the following days, the inflow continued in hundreds of millions. By December 11, although the inflow rate slowed, it still reached $223.1 million, and on December 12, the inflow surged again to $597.5 million. Throughout the reporting period, total inflows exceeded $4.4 billion.
It is worth mentioning that BlackRock and Fidelity made outstanding contributions to the total inflow of funds into Bitcoin spot ETFs. During this period, there was no outflow of funds, and their average daily inflow remained above $100 million. This phenomenon indicates that as Bitcoin trading approaches historical highs, the market demand for Bitcoin spot ETFs remains very stable.
Friends, what are your thoughts on this wave of Bitcoin ETF inflows? Are traditional institutions and retail investors looking to invest in Bitcoin spot ETFs to gain a share of the profits from the Bitcoin market? Leave your opinions and views in the comments section!
