🎉Bitcoin spot ETFs celebrate their first anniversary: 4 funds rank among the top 20 US stock ETFs in terms of AUM!
Bitcoin spot ETFs celebrate their first anniversary, and 4 of them have successfully ranked among the top 20 ETFs with the largest AUM, performing quite well!
Among the many Bitcoin spot ETFs, BlackRock's IBIT has performed the best, standing out among nearly 4,000 ETFs with an AUM of over $37.6 billion. BlackRock's AUM also exceeds $52 billion.
Following closely behind is Fidelity's FBTC, which has an AUM of nearly $20 billion. In addition, ARKB, jointly managed by 21shares and ARK Invest, and BITB, managed by Bitwise, also performed well, reaching AUMs of nearly $4.4 billion and $4 billion, respectively, ranking 16th and 18th, respectively.
These four ETFs were the best among the top 20 ETFs listed last year. If we expand the list to the top 100, VanEck's Bitcoin ETF HODL also made the list, with $1.3 billion in AUM, ranking 99th.
In terms of net flows, the two largest spot Bitcoin ETFs, IBIT and FBTC, accounted for more than 4% of the global $1.14 trillion in flows, both ranking in the top 20, with IBIT following closely behind iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO).
Another important milestone is that Bitcoin ETFs surpassed gold ETFs in terms of inflows in their first year. According to the Bitwise report, gold ETFs attracted only about $2.5 billion in inflows in their first year, while US-traded Bitcoin ETFs attracted more than $37 billion in their first year, significantly higher than the nearly $30 billion inflows of gold ETFs in their best year.
More significantly, as of mid-December, the cumulative AUM of all Bitcoin ETFs (covering spot, derivatives and leveraged products) has surpassed the total AUM of gold ETFs. Despite a large outflow of nearly $570 million on January 8 this year, as of the close of January 10, the spot Bitcoin ETF in the US market still achieved a net inflow of $307 million this week.
What do you think of the performance of the Bitcoin spot ETF on this anniversary? Are you optimistic about Bitcoin's market performance this year? Leave a message in the comment area to discuss!
