Fidelity Leads Bitcoin ETF Inflows with $356.95M: Crypto ETFs Hit $20 Billion in Assets
The surge in Bitcoin ETFs continues, with daily net inflows reaching $908.10 million and total assets climbing to $111.46 billion, surpassing gold ETFs in growth. Fidelity’s FBTC spearheaded the rally with a massive $356.95 million inflow, while BlackRock’s IBIT and Ark’s ARKB also showed significant gains.
Bitcoin ETF Market Overview
As of January 3, 2025, the crypto ETF market recorded:
Daily Total Net Inflow: $908.10 million.
Total Value Traded: $2.59 billion.
Total Net Assets: $111.46 billion, equaling 5.72% of Bitcoin’s market cap.
This growth underscores the increasing mainstream adoption of Bitcoin ETFs as a preferred investment vehicle.
Fidelity and BlackRock Dominate Inflows
Fidelity’s FBTC (CBOE):
- Top daily inflow: $356.95 million.
- Cumulative inflow: $12.11 billion.
- Net assets: $20.23 billion.
- Market price: $86.01 (daily increase: 1.09%).
BlackRock’s IBIT (NASDAQ):
- 1-day inflow: $253.10 million.
- Cumulative inflow: $37.17 billion.
- Net assets: $54.26 billion.
- Market price: $55.96 (daily increase: 1.07%).
Ark and Bitwise Attract Steady Gains
Ark’s ARKB (CBOE):
- Daily inflow: $222.63 million.
- Cumulative inflow: $2.69 billion.
- Net assets: $4.83 billion.
- Market price: $98.24 (gain: 1.00%).
Bitwise’s BITB (NYSE):
- 24-hour inflow: $61.13 million.
- Cumulative inflow: $2.28 billion.
- Net assets: $4.08 billion.
- Market price: $53.57 (increase: 1.08%).
Grayscale and Other ETFs Join the Momentum
Grayscale’s GBTC (NYSE):
- Daily inflow: $8.71 million.
- Cumulative gain: $848.76 million.
- Net assets: $3.76 billion.
- Market price: $43.60 (growth: 1.02%).
VanEck’s HODL and Valkyrie’s BRRR also saw smaller inflows but maintained positive price changes, signaling consistent interest among investors.
The Big Picture
The crypto ETF market’s rapid expansion to $20 billion in total assets demonstrates a growing appetite for regulated Bitcoin exposure. Institutions like Fidelity and BlackRock are leading the charge, positioning Bitcoin ETFs as a dominant force in the financial markets.
Stay tuned for more updates as Bitcoin ETFs reshape the investment landscape.