【Chain Wen】 Recently, the performance of Bitcoin spot ETFs has been quite impressive. On January 5th, Eastern Time, the total net inflow into the spot ETF market for the day reached $697 million, indicating that institutional investors remain highly enthusiastic.
Specifically, BlackRock’s IBIT continues to lead, with a single-day net inflow of $372 million, bringing its total assets to over $62.753 billion. Fidelity’s FBTC follows closely, with a net inflow of $191 million on January 5th. The sustained inflow from these two giants reflects the genuine demand from traditional financial institutions to allocate to Bitcoin.
Looking at the entire market, the total net asset value of Bitcoin spot ETFs has reached $123.521 billion, accounting for 6.57% of Bitcoin’s total market capitalization. Although this percentage may not seem very high, considering that spot ETFs only started to gain significant volume last year, this growth rate is already quite remarkable. This also means that more and more traditional investors are allocating Bitcoin through the convenient ETF vehicle.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
8
Repost
Share
Comment
0/400
GateUser-c802f0e8
· 01-08 13:37
Damn, BlackRock, this big dog institution, is really on a buying spree. Did they really accumulate 62.7 billion in assets just like that? Traditional finance is really starting to get serious.
View OriginalReply0
PaperHandsCriminal
· 01-08 08:58
BlackRock is once again aggressively accumulating shares. I'm thinking maybe retail investors should copy their moves... No, every time I copy, I get trapped. Forget it, I'll just watch for now.
View OriginalReply0
digital_archaeologist
· 01-06 05:38
BlackRock is taking off this time, with 62.7 billion just piled up like that. Traditional finance is really starting to get serious.
View OriginalReply0
BlockchainWorker
· 01-06 05:36
BlackRock is really hoarding, with 62.7 billion and still continuing to accumulate... If this pace keeps up, 6.57% is just a appetizer, right?
View OriginalReply0
SybilSlayer
· 01-06 05:35
BlackRock's latest fundraising really isn't joking around; a scale of 62.7 billion is no small feat... Traditional finance is truly all in.
View OriginalReply0
DegenDreamer
· 01-06 05:34
BlackRock's recent fundraising is really impressive; it seems like institutions are serious about coming in.
View OriginalReply0
MEVictim
· 01-06 05:32
Institutional entry really can't be stopped, and this move by BlackRock is like a reassurance pill.
View OriginalReply0
MetaverseLandlord
· 01-06 05:28
BlackRock's latest fundraising is incredible, surpassing 62.7 billion, and traditional finance is really starting to pay attention.
Bitcoin spot ETF attracts nearly $700 million in a single day, BlackRock IBIT continues to lead
【Chain Wen】 Recently, the performance of Bitcoin spot ETFs has been quite impressive. On January 5th, Eastern Time, the total net inflow into the spot ETF market for the day reached $697 million, indicating that institutional investors remain highly enthusiastic.
Specifically, BlackRock’s IBIT continues to lead, with a single-day net inflow of $372 million, bringing its total assets to over $62.753 billion. Fidelity’s FBTC follows closely, with a net inflow of $191 million on January 5th. The sustained inflow from these two giants reflects the genuine demand from traditional financial institutions to allocate to Bitcoin.
Looking at the entire market, the total net asset value of Bitcoin spot ETFs has reached $123.521 billion, accounting for 6.57% of Bitcoin’s total market capitalization. Although this percentage may not seem very high, considering that spot ETFs only started to gain significant volume last year, this growth rate is already quite remarkable. This also means that more and more traditional investors are allocating Bitcoin through the convenient ETF vehicle.