Bitcoin Spot ETFs Attract $2.17B in Five Days; IBIT and FBTC Take the Lead

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Bitcoin ETFs Surge to $20 Billion in Assets, Outpacing Gold ETFs in Growth

  • Bitcoin spot ETFs gained $2.17 billion over five consecutive days, marking sustained investor confidence.
  • BlackRock’s IBIT ETF led inflows with $1.51 billion, significantly driving overall growth in Bitcoin investment products.
  • Fidelity’s FBTC ETF followed with $598 million in weekly inflows, showing consistent market demand for Bitcoin spot ETFs.

Between December 9 and December 13, Bitcoin spot ETFs experienced net inflows of $2.17 billion, marking five consecutive trading days of investment growth. Wu Blockchain data indicates that BlackRock’s IBIT ETF recorded the highest weekly inflow, accumulating $1.51 billion. Fidelity’s FBTC ETF followed with a weekly inflow of $598 million.

Source: Wu Blockchain(X)

IBIT Dominates as FBTC See Inflows

A recent update from SoSoValue indicates that BlackRock’s IBIT on NASDAQ leads with $54.78B in net assets, showing a +1.74% daily change. It has a BTC Share of 2.72% and traded 37.88M shares worth $2.18B while Fidelity’s FBTC on CBOE has net assets of $21.12B and a +1.72% daily gain. Its 1D Net Inflow stands at $59.96M, trading 3.95M shares worth $349.71M. FBTC’s BTC Share is 1.05%, with a 0.00% fee.

Source: SoSoValue

Grayscale’s GBTC Leads Market Volume Despite Outflows;

Other notable assets presented varied inflows, net assets, and market activity across multiple funds. Grayscale’s GBTC on NYSE followed with $21.37B in net assets despite a $105.76M 1D net outflow. It experienced a +1.71% daily gain, trading 2.86M shares valued at $229.65M. GBTC holds a BTC Share of 1.06% with a high 1.50% fee.

ARKB by Ark Invest and 21Shares, listed on CBOE, holds net assets of $4.98B. The ETF gained +1.53% daily, with $28.41M in 1D Net Inflow. ARKB traded 1.17M shares, generating $118.34M in value. BITB by Bitwise on NYSE holds $4.24B in net assets with a +1.63% daily gain. Its 1D Net Inflow stands at $33.21M, with 1.75M shares traded, worth $96.55M.

Grayscale, VanEck, Valkyrie, Invesco, Franklin, and Hashdex ETFs Gain Ground 

Grayscale’s BTC trust reports $4.08B in net assets, trading 994.96K shares. It gained +1.74% daily, with its BTC Share at 0.20%. VanEck’s HODL on CBOE holds $1.40B in assets, gaining +1.53% daily. The ETF traded 194.90K shares worth $22.36M.

BRRR by Valkyrie on NASDAQ lists net assets at $930.47M, with a +1.70% gain. It traded 249.76K shares valued at $7.15M. BTCO by Invesco holds $888.56M in assets, gaining +1.65% daily. EZBC by Franklin stands at $768.81M, with a +1.69% gain.

Finally, WisdomTree’s BTCW and Hashdex’s DEFI show net assets of $390.38M and $16.19M respectively. Both ETFs gained around 1.62%-1.16% daily.

The post Bitcoin Spot ETFs Attract $2.17B in Five Days; IBIT and FBTC Take the Lead appeared first on Crypto News Land.

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