The total assets of Bitcoin spot ETFs have fallen below $100 billion, with a cumulative net inflow of 689,180 BTC since their listing.

This article is machine translated
Show original

On February 9th, the total assets of the US Bitcoin spot ETF fell below $100 billion, currently standing at $99.16 billion, a decrease of approximately 40% from its peak of $165.15 billion in October last year. Since the official launch of the Bitcoin spot ETF in January 2024, it has seen a cumulative net inflow of 689,180 BTC, valued at $55.01 billion.

In terms of holdings, BlackRock's IBIT holds 765,200 BTC, ranking first, followed by Fidelity's FBTC with 198,400 BTC and Grayscale's GBTC with 159,600 BTC.

Source
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.
Like
73
Add to Favorites
13
Comments