The post Bitcoin Spot ETFs Surge with $755 Million Net Inflow: Fidelity Leads the Pack appeared on BitcoinEthereumNews.com.

The latest data from SoSoValue highlights significant movements in Bitcoin spot ETF inflows as of January 15, with a striking net inflow of $755 million. Notably, the Grayscale Bitcoin Trust (GBTC) reported an impressive net inflow of $50.54 million, despite facing a cumulative historical net outflow of $21.61 billion. In addition, the Grayscale Bitcoin Mini Trust ETF (BTC) saw inflows of $13.69 million, bringing its total net inflow to $938 million. The Fidelity ETF (FBTC) topped the charts with a daily inflow of $463 million, accumulating a remarkable total of $12.51 billion. Following closely, the ARK Invest and 21Shares ETF (ARKB) experienced a net inflow of $139 million, totaling $2.54 billion. Currently, the overall net asset value for Bitcoin spot ETFs stands at $113.64 billion, representing a 5.76% net asset ratio against the total Bitcoin market value, with cumulative inflows reaching $36.48 billion. Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etfs-surge-with-755-million-net-inflow-fidelity-leads-the-pack/

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Filed under: News - @ January 16, 2025 5:08 am