Bitcoin spot ETFs created significant attraction yesterday. According to on-chain data, the single-day net inflow reached as high as $697 million. Among them, BlackRock's IBIT performed the best, attracting $372 million in a single day, and this ETF has now accumulated over $62.7 billion in inflows. Following closely is Fidelity's FBTC, which recorded $191 million in inflows yesterday, with a total historical net inflow reaching $12.395 billion.
More notably, the total assets under management (AUM) of Bitcoin spot ETFs now stand above $123.5 billion. It is important to note that this figure accounts for 6.57% of Bitcoin's total market capitalization, indicating that institutional investors are continuously increasing their allocation through spot ETFs. From a historical perspective, these products have attracted a total net inflow of $57.781 billion, demonstrating that market recognition for this sector is steadily growing.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
4
Repost
Share
Comment
0/400
AirdropHarvester
· 01-07 00:45
Are the institutions really getting on board one by one? IBIT's ability to attract funds is truly incredible. The figure of 62.7 billion is becoming more and more outrageous, and I'm a bit worried.
View OriginalReply0
airdrop_whisperer
· 01-06 22:07
BlackRock's move is really aggressive, with 62.7 billion invested. This time, the institutions' stickiness has been proven.
View OriginalReply0
BearMarketMonk
· 01-06 05:51
BlackRock's IBIT earns 370 million in a single day, such a pace... institutions are really jumping on board.
View OriginalReply0
NotFinancialAdvice
· 01-06 05:45
Blackstone's move is truly unstoppable. With 62.7 billion, they're still aggressively sucking blood. The institutional bottom-fishing phase has just begun.
Bitcoin spot ETFs created significant attraction yesterday. According to on-chain data, the single-day net inflow reached as high as $697 million. Among them, BlackRock's IBIT performed the best, attracting $372 million in a single day, and this ETF has now accumulated over $62.7 billion in inflows. Following closely is Fidelity's FBTC, which recorded $191 million in inflows yesterday, with a total historical net inflow reaching $12.395 billion.
More notably, the total assets under management (AUM) of Bitcoin spot ETFs now stand above $123.5 billion. It is important to note that this figure accounts for 6.57% of Bitcoin's total market capitalization, indicating that institutional investors are continuously increasing their allocation through spot ETFs. From a historical perspective, these products have attracted a total net inflow of $57.781 billion, demonstrating that market recognition for this sector is steadily growing.