From Nasdaq:

Spot Bitcoin ETFs saw the third-largest day of inflows since their launch on Jan. 10, 2024, as two spot Bitcoin ETFs topped the chart for all ETF inflows after one month, with each ETF crossing $3 billion in total assets. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) lead the Top 25 ETFs, with $3.75 billion and $3.16 billion in assets respectively. Other spot Bitcoin ETFs include ARK 21Shares’ spot Bitcoin ETF (ARKB) and Bitwise Bitcoin Fund (BITB) with total assets of $845.2 million and $791 million, respectively.

In just a month, spot Bitcoin ETFs have reported $4.5 billion inflows, showcasing strong demand which has contributed to Bitcoin rising past the $47,000 mark for the first time. Bloomberg Senior ETF analyst Eric Balchunas highlighted the rapid growth of spot Bitcoin ETFs, noting that it typically takes five to 10 years for a new ETF to achieve the same liquidity as leading ETFs, but the spot Bitcoin ETFs have done so in less than a month. Other experts see even greater inflows after the halving event in April 2024.



Read more: Bitcoin ETFs Lead Top 25 Global ETF Asset Inflows: ‘Start Of A Bull Cycle,’ Says Analyst