Fidelity Wide Origin Bitcoin Fund (FBTC) saw the largest inflow on January 7, surpassing BlackRock’s IBIT. Fidelity also leads in weekly net inflow, marking a shift in the Bitcoin ETF landscape.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.@lookonchain shared that on January 7, the net inflows into spot Bitcoin ETFs constituted an impressive $828.97 million worth 8,238 BTC. The largest inflow was absorbed by Fidelity Wide Origin Bitcoin Fund (FBTC), comprising 3,625 BTC equal to $364.8 million. This was the biggest inflow today which left behind even BlackRock’s IBIT with its 2,047 BTC worth $200,756,454. BlackRock was followed by Ark 21Shares Bitcoin ETF (ARKB) and 1,495 BTC it absorbed on January 7.Fidelity has managed to beat BlackRock by weekly net inflow too, scooping up 7,972 BTC versus IBIT’s 955. Last week and earlier in December BlackRock faced two massive Bitcoin outflows – the largest since the ETF’s inception.However, the BlackRock ETF attracted more Ethereum today, exceeding Fidelity’s inflows and absorbing 33,618 ETH versus Fidelity’s 1,250 ETH. The overall inflows constituted 33,780 ETH. BlackRock’s ETF currently holds 1,114,423 ETH worth $4.05 billion. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be availabl
BITCOIN ETF BLACKROCK FIDELITY INFLOW ETHEREUM
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fidelity Bitcoin Fund Soars as BlackRock's iShares Bitcoin ETF Sees OutflowsFidelity's Wise Origin Bitcoin Fund (FBTC) leads with $37 million in inflows, nearing $20 billion in assets. BlackRock's iShares Bitcoin Trust ETF (IBIT), after a record-breaking 2024, saw $23.4 million in outflows. Other Bitcoin ETFs like ARK 21Shares Bitcoin ETF (ARKB) and Grayscale Bitcoin Trust ETF (GBTC) also experienced net outflows. The Fidelity Ethereum Fund (FETH) led Ethereum inflows with $31.77 million.
Read more »
BlackRock's Ethereum ETF Outperforms Bitcoin ETF Amid Market OutflowsBlackRock's Ethereum ETF (BITW) is significantly outperforming its Bitcoin ETF (IBTC) as Bitcoin ETFs experience substantial outflows. Despite the overall trend, BlackRock's Bitcoin ETF remains immensely successful, attracting nearly $54 billion in assets in less than a year. Bitwise's Bitcoin ETF (BITB) is the sole Bitcoin ETF showing inflows, while Bitwise's Ethereum ETF (BITW) also sees positive inflows.
Read more »
ProShares Files for Three New Bitcoin-Linked ETFsProShares, an American ETP issuer, files for three new Bitcoin-linked ETFs, including the S&P 500 Bitcoin ETF, Nasdaq-100 Bitcoin ETF, and Gold Bitcoin ETF.
Read more »
BlackRock's Bitcoin ETF Surpasses Gold ETF Milestones in Record TimeBlackRock's iShares Bitcoin Trust (IBIT) has rapidly surpassed benchmarks set by the BlackRock iShares Gold Trust (IAU), highlighting the explosive growth of the Bitcoin ETF market.
Read more »
BlackRock's Bitcoin ETF Sees Largest Outflow Since Inception as Investors Withdraw FundsThe US spot Bitcoin ETF market is experiencing significant outflows as investors pull their capital amid Bitcoin's lack of price momentum. BlackRock's iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF, recorded its biggest daily outflow since its launch almost a year ago on January 2nd, with investors withdrawing approximately $332.6 million. Despite this recent performance dip, IBIT remains the leading spot Bitcoin ETF with assets under management (AUM) exceeding $51 billion and net inflows surpassing $36.9 billion.
Read more »
BlackRock's IBIT ETF Breaks Records With $37 Billion in InflowsBlackRock's Bitcoin spot ETF, IBIT, has made a remarkable debut, securing the third position in the top ETF inflows with $37 billion. This achievement comes amidst record-breaking capital inflows for the ETF market overall, surpassing the previous record by $225 billion. BlackRock and Fidelity are highlighted as leading players in this surge, driving investor confidence in the Bitcoin ETF market.
Read more »