HomeCoinsBitcoinBitcoin ETFs Update: Daily Inflows Drop $77.34M

Bitcoin ETFs Update: Daily Inflows Drop $77.34M

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TLDR

IBIT ETF reports a $76.7M inflow, maintaining a 3.88% market share despite a 0.74% price drop.
FBTC ETF experiences a $103.6M outflow, with a 1.01% market share and 0.84% price decline.
GBTC and ARKB ETFs face outflows of $12.21M and $16.38M, respectively, showing weak performances.
BITB ETF sees a $8.84M inflow, while HODL ETF reports a $19.38M outflow.
EZBC and BRRR ETFs show positive movements with 0.54% and 0.56% premiums, respectively.

According to a recent SoSoValue update concerning Bitcoin ETFs as of December 11, the daily total net inflow saw a decline of $77.34 million. Meanwhile, the cumulative total net inflow reached $57.85 billion. The total value traded across these Bitcoin  ETFs amounted to $3.80 billion, while the total net assets stood at $119.93 billion, accounting for 6.55% of the total Bitcoin market cap.

IBIT Bitcoin ETF Sees $76.7M Inflow While FBTC Faces $103.6M Outflow

Turning to the individual ETF performances, IBIT (BlackRock) on the NASDAQ reported a 1-day net inflow of $76.71 million, bringing its cumulative net inflow to $62.68 billion. The ETF holds a 3.88% share of the Bitcoin market, but its price dropped 0.74% on the day.

Bitcoin ETFs
Source: SoSoValue (Bitcoin ETFs)

FBTC (Fidelity), listed on CBOE, posted an outflow of $103.55 million, with $12.18 billion in cumulative inflows. It holds a smaller 1.01% market share and experienced a 0.84% price decline.

GBTC, ARKB, and BTC Face Losses as BITB Sees Gain

On the NYSE, GBTC (Grayscale) recorded a $12.21 million outflow and has seen a $25.09 billion decrease in cumulative net inflows. The ETF holds 0.84% of the Bitcoin market, with a daily price drop of 0.77%. BTC (also Grayscale) saw a smaller $10.97 million outflow and holds just 0.24% of the market share, alongside a 0.76% decrease in its price.

The BITB ETF (Bitwise) on the NYSE reported a $8.84 million net inflow, bringing its total to $2.29 billion. The fund holds 0.24% of Bitcoin’s market and declined 0.80% in price. ARKB (Ark & 21Shares) saw a $16.38 million outflow, and its cumulative inflows sit at $1.74 billion, representing a 0.19% Bitcoin market share.

HODL and DEFI See Loss, BTCO Holds Stable, as EZBC and BRRR Show Gains

HODL (VanEck), also on CBOE, experienced a $19.38 million outflow, with cumulative inflows of $1.17 billion and a 0.19% market share. BTCO (Invesco) had no net inflow but traded $215.55 million in value. The ETF holds a very small share of the market

EZBC (Franklin) and BRRR (Valkyrie), both listed on CBOE and NASDAQ, had mixed performances. EZBC saw a 0.54% inflow, while BRRR achieved a 0.56% premium. BTCW (WisdomTree) saw a minimal inflow of $44.83 million, with a market share of 0.01%, while DEFI (Hashdex) posted a minor loss of $1.45 million.



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