tl;dr
Bitcoin ETFs have seen over $4 billion in inflows from December 2 to December 12, with significant contributions from BlackRock and Fidelity. This surge in inflows coincided with Bitcoin trading near record highs, indicating steady demand for the cryptocurrency. The total inflow surpassed $4.4 billi...
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Bitcoin ETFs have seen over $4 billion in inflows from December 2 to December 12, with significant contributions from BlackRock and Fidelity. This surge in inflows coincided with Bitcoin trading near record highs, indicating steady demand for the cryptocurrency. The total inflow surpassed $4.4 billion across the reporting period.
Spot bitcoin ETFs recorded more than $4 billion in combined inflows from Dec. 2 through Dec. 12, according to Farside data. The figures include flows into BlackRock, Fidelity, Bitwise, Ark, Invesco, Franklin, Valkyrie, VanEck, WTree, and Grayscale products. These entries tallied across several funds, moved through the market shortly after Bitcoin surpassed the $100,000 mark on Dec. 5 and continued amid steady price action.
Cumulative totals from Dec. 2 reached $353.6 million, with Dec. 3 adding $676 million, followed by several other days posting hundreds of millions each. Activity slowed on Dec. 11, registering $223.1 million, before rising to $597.5 million on Dec. 12. The aggregate figure across the reporting period exceeded $4.4 billion.
BlackRock and Fidelity contributed strongly to total flows with no outflows and persistent inflows over $100 million. The pattern suggests steady demand during a period when Bitcoin traded near record territory. Bitcoin ETFs (Source: Farside Investors)
Analyst LIAM 'AKIBA' WRIGHT Editor-in-Chief at CryptoSlate Also known as "Akiba," Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change. @akibablade LinkedIn Email Liam
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