According to the data statistics of SoSoValue, the total net inflow of the US Bit spot exchange-traded fund (ETF) last week reached about $855 million, setting a record high for the highest net inflow amount in a single week.
Weekly fund flow of the US Bit spot ETF (Source: SoSoValue)
The total net inflow of these 9 Bit ETFs since early December has reached $1.69 billion, and they have been experiencing net inflows for 15 consecutive trading days (from November 22 to December 13). The total trading volume of these ETFs last week reached $3.23 billion, down $700 million from the previous week.
The Bit ETF with the highest net inflow last week was the ETHA fund issued by BlackRock, with a total of about $523 million. The second was the FETH fund issued by Fidelity, with a total of about $258 million.
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
