$1B Pours Into US Bitcoin ETFs in a Single Day, Shaking Up the Market

According to data from sosovalue.com, Blackrock‘s IBIT fund, trading on Nasdaq, led the pack with $608.41 million in inflows, showcasing a strong level of investor enthusiasm. Meanwhile, Grayscale’s NYSE-listed GBTC fund experienced an outflow of $7.81 million, while Fidelity’s FBTC bitcoin fund on CBOE saw a healthy addition of $300.95 million.

Ark Invest and 21shares’ AKRB fund, listed on NYSE, welcomed $17.18 million, and Bitwise’s BITB fund netted $68 million. Vaneck’s CBOE-listed HODL fund added $5.56 million, and Franklin’s EZBC fund gained $5.7 million. This $1 billion inflow boosts the total collected since Jan. 11 to $30.35 billion. Trading volume for the day among spot BTC ETFs reached $7.09 billion, and the 12 funds collectively hold bitcoin worth $105.91 billion.

Ethereum-focused funds also saw action on Thursday, with varied results across ETFs. Grayscale‘s NYSE-listed ETHE fund faced an outflow of $27.08 million, while its Nasdaq counterpart managed by Blackrock remained unchanged. Additionally, Grayscale’s NYSE Ether Mini Trust recorded a smaller outflow of $4.11 million.

Conversely, Fidelity’s CBOE ETH fund enjoyed a net inflow of $16.79 million, followed by Vaneck‘s CBOE ETH fund with $2.46 million. Bitwise’s ETHW fund added $2.89 million to its assets. Overall, the nine ETH funds tracked by sosovalue.com saw a combined outflow of $9.05 million, lowering the cumulative net inflows since July 23 to $15.59 million. Thursday’s trading volume for ETH funds totaled $839.64 million, with the group holding $9.77 billion in ether.