Data: Bitwise Bitcoin Spot ETF recorded $238 million in inflows on its first day of trading

2024-01-12 22:10:06

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ChainCatcher news, according to The Block, Bitwise's Bitcoin spot ETF attracted $238 million in inflows on its first day of trading. Preliminary data indicates that this is the largest inflow among similar products.

Fidelity's Bitcoin spot ETF recorded $227 million in inflows, while BlackRock's Bitcoin spot ETF netted $111 million. However, these figures may change, and the numbers could increase.

Currently, this shows that the ETFs have attracted a total of $721 million in inflows. This does not include Valkyrie's Bitcoin spot ETF and Grayscale Bitcoin Trust. If Grayscale experiences significant outflows, it could affect the overall numbers.

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