【Chain Wen】The capital flows of Bitcoin spot ETFs have recently shown a divergent trend. According to the latest data, on December 16th, Eastern Time, the total net outflow of Bitcoin spot ETFs reached $277 million.
Among various products, Fidelity(Fidelity)'s FBTC performed relatively resilient, with a single-day net inflow of $26.72 million, making it the strongest-performing Bitcoin spot ETF yesterday. Notably, FBTC’s cumulative net inflow since launch has exceeded $11.972 billion, indicating its continued appeal among institutional investors.
In contrast, Blackrock(Blackrock)'s IBIT faced significant redemption pressure, with a single-day net outflow of up to $211 million. However, in the long term, IBIT, as the largest Bitcoin spot ETF by market size, has a total historical net inflow of $62.521 billion.
Looking at the entire Bitcoin spot ETF market, the total net asset value currently stands at $114.279 billion, with ETF net assets accounting for 6.54% of Bitcoin’s total market capitalization. The total cumulative net inflow has reached $57.269 billion. This indicates that Bitcoin spot ETFs, as an important channel for traditional financial institutions to enter the crypto market, have formed a considerable market scale.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
MechanicalMartel
· 12-17 06:12
fbtc this move is quite something, going against the trend to attract funds, Fidelity is playing this game very steadily
---
ibit faces immense pressure, are institutions also starting to pick sides?
---
Why does it feel like big funds are shifting, moving from ibit to fbtc?
---
119.72 billion vs 625.21 billion, just looking at the numbers, ibit is still the big player, but this single-day redemption is indeed a bit cold
---
Fidelity is doing well with this fish, feeling like going against the current
---
Wait, all btc spot ETFs are bleeding together? Is this about crashing the market?
---
Why can fbtc attract funds? Lower fees? Or are institutions really starting to bottom fish?
---
Blackstone seems to have flipped this time, 625 billion can't withstand a single-day outflow of 200 million
View OriginalReply0
ChainProspector
· 12-17 06:11
FBTC's recent counter-trend net inflow, Fidelity really understands the mindset of institutions... IBIT was redeemed quite aggressively in this wave.
View OriginalReply0
ForkThisDAO
· 12-17 06:11
FBTC this wave indeed held up, Fidelity's move was brilliant... institutions only recognize this one
View OriginalReply0
AirdropLicker
· 12-17 06:06
FBTC experiences net inflow against the trend, this is the true choice of institutions. Fidelity's move is brilliantly played.
View OriginalReply0
GateUser-afe07a92
· 12-17 06:04
FBTC is attracting funds against the trend, this move is quite interesting. It seems that institutions still trust Fidelity's approach... Is there such a big redemption pressure on IBIT?
View OriginalReply0
StakeWhisperer
· 12-17 05:46
FBTC is really strong this time. While everyone is fleeing Blackstone, it's still sucking blood... Fidelity's move is impressive.
Bitcoin spot ETF divergence intensifies, FBTC experiences contrary net inflow, IBIT faces redemption pressure
【Chain Wen】The capital flows of Bitcoin spot ETFs have recently shown a divergent trend. According to the latest data, on December 16th, Eastern Time, the total net outflow of Bitcoin spot ETFs reached $277 million.
Among various products, Fidelity(Fidelity)'s FBTC performed relatively resilient, with a single-day net inflow of $26.72 million, making it the strongest-performing Bitcoin spot ETF yesterday. Notably, FBTC’s cumulative net inflow since launch has exceeded $11.972 billion, indicating its continued appeal among institutional investors.
In contrast, Blackrock(Blackrock)'s IBIT faced significant redemption pressure, with a single-day net outflow of up to $211 million. However, in the long term, IBIT, as the largest Bitcoin spot ETF by market size, has a total historical net inflow of $62.521 billion.
Looking at the entire Bitcoin spot ETF market, the total net asset value currently stands at $114.279 billion, with ETF net assets accounting for 6.54% of Bitcoin’s total market capitalization. The total cumulative net inflow has reached $57.269 billion. This indicates that Bitcoin spot ETFs, as an important channel for traditional financial institutions to enter the crypto market, have formed a considerable market scale.