5 months ago
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with the astir important assets nether absorption (AUM) 1 twelvemonth aft their motorboat successful the US.
BlackRock’s spot Bitcoin ETF IBIT was the champion performer among the Bitcoin ETFs and besides among each the astir 4,000 exchange-traded funds on a list made by Bloomberg ETF expert James Seyffart. The money has implicit $52 cardinal successful AUM.
Meanwhile, Fidelity’s Bitcoin ETF FBTC took 4th place, with astir $20 cardinal successful AUM 1 twelvemonth aft its launch.
ARKB, the spot Bitcoin ETF managed by 21shares and ARK Invest, stood astatine 16th spot with $4.4 cardinal successful AUM. Bitwise’s BITB wrapped Bitcoin ETFs successful the apical 20 successful 18th place, with astir $4 cardinal successful AUM.
Seyffart highlighted that BITB and ARKB, managed by comparatively tiny plus managers, were among the apical 20 launches past year. Expanding the database to the apical 100 launches, VanEck’s Bitcoin ETF HODL makes the chopped with its $1.3 cardinal successful AUM, securing the 99th place.
Over 4% of planetary flows
The 2 largest spot Bitcoin ETFs by nett flows, IBIT and FBTC, represented implicit 4% of the planetary $1,14 trillion flows. Both funds ranked among the apical 20, with IBIT being bested lone by 2 accepted concern giants: the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO).
Another important milestone was surpassing golden ETFs successful their archetypal year. According to Bitwise, golden ETFs registered astir $2.5 cardinal successful flows successful their motorboat year, portion US-traded Bitcoin ETFs secured implicit $37 cardinal successful inflows.
In their champion year, golden ETFs inched person to $30 cardinal successful inflows, which is mode beneath what Bitcoin ETFs registered successful their archetypal year.
Furthermore, successful mid-December, the cumulative AUM of each Bitcoin ETFs—including spot, derivatives, and leverage—surpassed the full AUM of golden ETFs.
Notably, according to Farside Investors’ data, contempt a important outflow of astir $570 cardinal connected Jan. 8, US-traded spot Bitcoin ETFs inactive registered $462 cardinal successful affirmative nett flows this week earlier closing connected Jan. 10.
The station Spot Bitcoin ETFs people archetypal day with 4 among Top 20 successful AUM appeared archetypal connected CryptoSlate.
English (US) 