Bitcoin exchange-traded funds attract inflows of about $223 million

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Bitcoin exchange-traded funds (ETFs) in the United States have achieved record inflows, with approximately $223.03 million flowing into these funds on December 11, following Bitcoin's rise above the $100,000 threshold.

Data from SoSoValue indicates that the Fidelity FBTC fund led the pack, securing $121.9 million in new investments, marking a continuous ten-day streak of sustained inflows. The ARKB fund managed by ARK and 21Shares saw significant interest with $52.67 million, while Grayscale’s GBTC fund followed closely with $20.13 million.

Other notable funds include the Grayscale Bitcoin Mini Trust, which attracted $15.74 million, the Biwise BITB fund with $12.16 million, and the VanEck HODL fund, which saw inflows of $2.87 million.

On the other hand, the Valkyrie BRRR fund experienced outflows of $2.44 million, showcasing a rare departure from the inflow trend. Meanwhile, BlackRock’s IBIT fund remained stable, maintaining a neutral position after reaching $35.06 billion in inflows since its launch.

The total trading volume for Bitcoin investment products stood at around $3.94 billion, a slight dip from the previous day’s figure of $3.97 billion. Collectively, across the 12 traded Bitcoin ETFs, the net inflows reached approximately $34.58 billion.