Bitcoin ETFs See Record Inflows Nearing $1 Billion as Bitcoin Surges to $102,000
Exchange-traded funds (ETFs) for spot Bitcoin in the United States recorded inflows nearing $1 billion on January 6, reflecting Bitcoin's recovery to the $102,000 level.
According to data from SoSoValue, the inflows amounted to around $987 million (representing the second consecutive day of positive inflows). Over these two days, the ETFs recorded inflows of approximately $900 million per day, totaling around $1.89 billion.
Funds like Fidelity's FBTC led the incoming flows, with the fund attracting $370 million, followed by BlackRock’s IBIT fund and ARK’s ARKB fund.
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Funds such as Biwise's BITB and Grayscale's (GBTC and BTC) also contributed to the positive momentum, recording inflows of millions of dollars. In contrast, some other funds recorded more modest positive inflows.
Additionally, the total daily trading volume for these funds on January 6 was approximately $3.96 billion, significantly surpassing the $2.59 billion recorded the previous day. As Bitcoin continues its ascent and institutional interest grows, Bitcoin ETFs are attracting further investments.
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