US spot bitcoin ETFs have recorded a total net loss of $ 30 billion since its introduction in January
US spot bitcoin ETFs have recorded a total net loss of $ 30 billion since its introduction in January
- IBIT from Blackrock attracted the most with over $ 600 million, followed by FBTC from Fidelity with $ 301 million
- The 12 Spot bitcoin ETFs have brought in $ 30.35 billion in January
The stock market-traded US spot bitcoin ETFs yesterday recorded net inflows of $ 1 billion a total of $ 1 billion, while Bitcoin was approaching the $ 100,000 mark.
According to the information, the Ishares Bitcoin Trust (IBIT) from Blackrock with $ 608.41 million recorded most of the tributaries Sosovalue data . FBTC from Fidelity followed with $ 300.95 million. The Bitcoin ETF from Bitwise earned $ 68 million and the Arkb from ARK and 21shares brought $ 17.18 million.
GBTC from Grayscale was the only one with negative net inflows and recorded drainage of $ 7.8 million.
The 12 Spot Bitcoin ETFs have earned
The following was an increased trade between Spot-Bitcoin ETFs when Bitcoin climbed to the $ 100,000 mark on November 22nd and continued its upward trend.
The inflows also come after Blackrock introduced its option contracts at the beginning of this week. During trade on the first day, Blackrock's options brought almost $ 2 billion and contributed to Bitcoin to over 94,000 US dollars.
Grayscale announced this week that after the impressive debut of Blackrock and the increased investor interest, it will also bring Bitcoin ETF options onto the market.
During trade via Spot-Bitcoin ETFs, it becomes clear that these paths are one of the most important options for investors to keep Bitcoin. According to Bloomberg analyst Eric Balchunas, US bitcoin ETFs achieved a fortune of $ 100 billion and added X :
"You are now at 97 % [the] WEG to hand over Satoshi as to be handed over [the] largest owner and 82 % of [the] WEG to overtake gold ETFs."
Speaking of" 100 "milestones: The US bitcoin ETFs have achieved a fortune of $ 100 billion (although in view of the price increase overnight, it is more $ 104 billion), while the inflows have been $ 30 billion since the beginning of the year (the double of our estimate). They are now 97 % on the way to overtake Satoshi as the largest owner, and 82 % on the way to overtake gold ETFs. pic.twitter.com/y3070yw7jx
- Eric Balchunas (@ericbalchunas) 21. November 2024
According to Coinmarketcap, Ethereum rose by more than 7 % to $ 3,285 on the market last week, Solana recorded an increase of almost 20 % to $ 253 and XRP rose by almost $ 60 % to $ 1.44 in the same period.
Source: Coinlist.me