#btc# Institutional interest in Bitcoin continues to rise, with the US Spot BTC ETF recording positive net inflows for the twelfth consecutive day on Wednesday, attracting nearly $548 million and increasing total two-week earnings to $3.9 billion.


BlackRock's IBIT remains the market leader, attracting $340.3 million in a single day. Fidelity's FBTC follows closely with $115.2 million, while Ark Invest and 21Shares' ARKB contributed a smaller amount of $70.2 million, Bitwise's BITB at $12.9 million, and VanEck's HODL at $9.1 million. During the same period, no other funds registered any revenue.
IBIT's revenue alone exceeded $3.3 billion—accounting for about 86% of the total revenue during these 12 days, solidifying its leading position in the Bitcoin ETF space. Notably, daily revenue accelerated, averaging over $500 million on Tuesday and Wednesday, nearly double the average of $276 million over the previous 10 days, despite increased global market volatility against the backdrop of rising geopolitical tensions.
"Inertia madness," commented Nate Geraci, president of The ETF Store, on X. "Twelve consecutive days. Nearly $4 billion in new funds. Since its launch in January, inflows into this category have approached $50 billion. Absolutely crazy."
Since the launch of the US Spot BTC ETF in early 2024, it has accumulated a net inflow of $48.4 billion, with assets under management approaching $125 billion—this figure is not only supported by enthusiastic investors but also benefited from the recent rise in Bitcoin prices.
BTC-2.1%
ARK-3.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)