According to a January 13 PANews report citing SoSoValue data, yesterday (Eastern Time on January 12) the total net inflow into Bitcoin spot ETFs was $117 million. The largest net inflow for a single day came from Fidelity's Bitcoin ETF (FBTC), which saw a net inflow of $112 million. The cumulative net inflow into FBTC now stands at $118.34 billion. Grayscale's Bitcoin ETF (GBTC) followed with a net inflow of $64.251 million. However, the cumulative net outflow from GBTC has reached $25.347 billion. The largest net outflow for a single day came from BlackRock's Bitcoin ETF (IBIT), which experienced a net outflow of $70.6615 million. The cumulative net inflow into IBIT is now $62.335 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $118.652 billion, with the ETF net asset ratio (the proportion of ETF assets relative to Bitcoin's total market capitalization) reaching 6.49%. The cumulative net inflow into Bitcoin spot ETFs since inception has reached $56.519 billion.
Bitcoin Spot ETFs Experience $117M Net Inflow on January 12, Ending Four-Day Outflow Streak
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Summary
Bitcoin news broke on January 12 (ET) as Bitcoin spot ETFs experienced a $117 million net inflow, ending four consecutive days of outflows. Fidelity's FBTC led the way with a $112 million inflow, while Grayscale's GBTC added $64.25 million. Meanwhile, BlackRock's IBIT recorded the largest outflow of $70.66 million. Total net assets now amount to $118.65 billion, with a 6.49% ratio relative to Bitcoin's market cap. Bitcoin analysis indicates that inflows have resumed after a short pause.
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