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Bitcoin ETF has seen net inflows for 2 consecutive days! The scale of 4 Bitcoin ETFs has reached the top 30 in the world

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2024-03-27 23:01:54329browse

Bitcoin ETF has seen net inflows for 2 consecutive days! The scale of 4 Bitcoin ETFs has reached the top 30 in the world

The sum of BlackRock IBIT and Fidelity FBTC is much higher than the daily net outflow of GBTC. The data of each ETF are as follows (from high to low):

  • Grayscale GBTC: -$212 million

  • Fidelity FBTC: $279 million

  • BlackRock IBIT: 162 million USD

  • ARK ARKB: $73.6 million

  • Valkyrie BRRR: $29.9 million

  • Invesco BTCO: $26.7 million

  • Franklin EZBC: $26.3 million

  • Bitwise BITB: $16.7 million

  • Vaneck HODL: $15.8 million

The Bitcoin spot ETF had total net outflows ranging from -169 to -642 million US dollars in the past five days.

Bitcoin ETF has seen net inflows for 2 consecutive days! The scale of 4 Bitcoin ETFs has reached the top 30 in the world

The size of four Bitcoin ETFs has reached the top 30 in the world

Bloomberg ETF analyst Eric Balchunas said that he made an ETF listing for 50 Today’s asset size ranking chart shows that there are 11,338 ETFs in the world, and a total of four Bitcoin ETFs are in the top 30.

BlackRock IBIT and Fidelity FBTC occupy the first and second place, while Ark ARKB and Bitwise BITB are ranked 7th and 18th respectively.

Some communities argued with him, pointing out that the Invesco Nasdaq 100 Index ETF (QQQ) was launched in 1999. At that time, the funds in the investment market were far from what it is today. It is not appropriate to make such a comparison. fair.

Eric Balchunas also agrees with his statement, but he believes that even if weighted according to inflation, the accumulation speed of BlackRock's IBIT assets is still quite alarming, including several ETFs such as NUGO, BBJP and USCL. It was only launched in recent years.

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