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Within 6 days, the nine Bitcoin ETFs have accumulated a total of 95,000 BTC, with an asset management scale close to 4 billion US dollars

Within 6 days, the nine Bitcoin ETFs have accumulated a total of 95,000 BTC, with an asset management scale close to 4 billion US dollars

2024/01/21 12:15

According to Cointelegraph, after six days of trading, the nine approved spot Bitcoin ETFs currently hold a total of about 95,000 Bitcoins, with assets under management (AUM) close to $4 billion. Data disclosed by Eric Balchunas, senior ETF analyst at Bloomberg, shows that the recent inflow of funds into the nine newly launched ETFs has exceeded the outflow from Grayscale's GBTC. The assets managed by GBTC decreased by $2.8 billion in six days.

Among these nine ETFs, Fidelity's FBTC and BlackRock's iShares IBIT performed well, with both seeing inflows exceeding $1.2 billion in six days of trading. Although Fidelity's ETF had slightly higher inflows, BlackRock currently manages slightly more assets at $1.4 billion compared to Fidelity's nearly $1.3 billion. JPMorgan Chase's BTCO ranks third and maintains steady growth.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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