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.

BTC2.02%
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MechanicalMartelvip
· 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
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ChainProspectorvip
· 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.
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ForkThisDAOvip
· 12-17 06:11
FBTC this wave indeed held up, Fidelity's move was brilliant... institutions only recognize this one
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AirdropLickervip
· 12-17 06:06
FBTC experiences net inflow against the trend, this is the true choice of institutions. Fidelity's move is brilliantly played.
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GateUser-afe07a92vip
· 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?
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StakeWhisperervip
· 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.
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