BITCOIN ETFS SEE NEW INFLOWS OF $676 MILLION

BITCOIN ETFS SEE NEW INFLOWS OF $676 MILLION
BITCOIN ETFS SEE NEW INFLOWS OF $676 MILLION

BITCOIN ETFS SEE NEW INFLOWS OF $676 MILLION

On December 3, Bitcoin ETFs saw significant inflows of $676 million, a 90% increase from the previous day.

The 12 U.S. spot Bitcoin ETFs experienced a combined inflow of $675.97 million, almost doubling the $353.67 million from the previous day.

This marks the fourth consecutive day of net inflows, totaling over $1.45 billion.

The BlackRock IBIT ETF led with $693.25 million in inflows, surpassing 500,000 Bitcoin holdings (2.38% of total Bitcoin supply).

The Fidelity FBTC ETF followed with $52.17 million, while the VanEck HODL and Bitwise BITB ETFs attracted $16.21 million and $7.8 million, respectively.

The ARK and ARKB ETFs from 21Shares saw outflows, losing $93.47 million.

Despite the inflows, total Bitcoin ETF trading volume decreased to $2.93 billion from $3.91 billion the previous day.

Bitcoin ETF holdings are nearing 1.083 million Bitcoin, approaching Satoshi Nakamoto’s estimated 1.096 million Bitcoin.