Bitcoin ETFs attract over $3 billion in four days, led by BlackRock fund
Bitcoin ETF achievements
Over the past four trading days, spot Bitcoin ETFs have drawn $3.26 billion in investments. According to data from Sosovalue, the largest single-day inflow occurred on January 17, with $1.08 billion flowing into various Bitcoin funds.
As reported by Bitcoin.com, on January 21, Bitcoin ETFs recorded inflows totaling $802.5 million, with BlackRock's IBIT fund leading the way by securing $661.86 million. This increased its cumulative net inflow to $39.07 billion, more than three times the amount of Fidelity's FBTC fund, which has a total net inflow of $12.84 billion.
Grayscale's BTC fund reported an inflow of $136.39 million. Other contributors included Ark and 21Shares' ARKB fund with $8.51 million, Fidelity's FBTC fund with $6.97 million, and Franklin's EZBC fund with $6.18 million. On the same day, Bitwise's BITB fund recorded the only outflow, amounting to $17.41 million, while other funds remained unchanged.
The total net asset value of spot Bitcoin ETFs stands at $123.59 billion, equivalent to 5.9% of Bitcoin's market value.
Ethereum ETFs inflows
Spot Ethereum ETFs, meanwhile, accumulated $74.43 million over the four trading days. BlackRock's ETHA fund led the inflows with $56.31 million, followed by Grayscale's ETH fund with $12.49 million.
Additional contributions came from Vaneck's ETHV fund ($3.65 million), Fidelity's FETH fund ($3.32 million), and Bitwise's ETHW fund ($3.1 million).
Collectively, the nine spot Ethereum ETFs hold $12.07 billion in net assets, accounting for 3% of Ethereum's total market capitalization.
Interest in cryptocurrency ETFs continues to grow, and Canary Capital's Litecoin ETF is likely to become the next cryptocurrency ETF approved in the United States.
