Bitcoin ETF

Bitcoin

BlackRock

<ul class="wp-block-list">
 <li>The Bitcoin ETF market saw $597.57M in daily net inflows and $112.55B in total net assets.</li>  
 <li>BlackRock's IBIT ETF leads with $53.44B net assets and $431.60M daily inflows despite a 1.39% price drop.</li>  
 <li>Grayscale's GBTC ETF reported $21.11B in assets with $272.60M traded, while VanEck's HODL ETF fell 1.14%.</li> 
</ul>  
In a recent update, the Bitcoin ETF market on December 12 recorded a total daily net inflow of $597.57 million. The cumulative net inflow across the sector stood at $35.17 billion, with total net assets reaching $112.55 billion, accounting for 5.68% of Bitcoin's market capitalization. Trading volumes and market activity reflect varying performance across different ETFs.  
<h2 class="wp-block-heading" id="h-top-performers-and-market-activity">Top Performers and Market Activity</h2>  
According to SoSoValue, <a href="https://cryptonewsland.com/blackrock-recommends-1-2-bitcoin-allocation-in-multi-asset-portfolios/" target="_blank" rel="noopener noreferrer nofollow">BlackRock's IBIT ETF led with a net asset value of $53.44 billion</a>, representing a BTC share of 2.70%. IBIT recorded a daily inflow of $431.60 million and a 24-hour price decline of 1.39%, trading at $56.92. Grayscale's GBTC ETF followed with $21.11 billion in net assets and a BTC share of 1.07%. Despite a negative daily inflow of $48.40 million, GBTC maintained significant activity with $272.60 million in value traded.  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfJEo1DblmSfb7cusCnbhM9NHmJ5pofXa94UNhao1VFD9lr44Tvf9a65Tqbl3uJeqUn6Jvxp6URgAYtjTzZXeQXSFXiqLLhBBMv9Gt-9bZrtAFOshxaiNg5AS9W8HWF6RKY8PdQMw?key=wlrHWZ3fD5DaBHs-Rd9TRtj6" alt="">
</figure>  
Source: <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">SoSoValue</a>  
<a href="https://cryptonewsland.com/blackrock-and-fidelity-invest-500m-in-ethereum-through-coinbase-prime-deals/" target="_blank" rel="noopener noreferrer nofollow">Fidelity's FBTC ETF ranked third, holding net assets of $20.69 billion</a> with a BTC share of 1.05%. FBTC saw a daily inflow of $30.54 million and traded at $87.44, reflecting a 1.33% price decline. ARKB, managed by Ark &amp; Co., posted $4.86 billion in net assets with a BTC share of 0.25%. It saw an inflow of $8.97 million and traded at $100.02, marking a 1.46% drop.  
<h2 class="wp-block-heading" id="h-bitwise-grayscale-vaneck-etfs-see-mixed-trends">Bitwise, Grayscale, VanEck ETFs See Mixed Trends</h2>  
Bitwise's BITB ETF reported $4.13 billion in net assets and a BTC share of 0.21%, with $61.45 million in daily inflows. It traded at $54.51, reflecting a 1.29% decline. Grayscale's BTC ETF showed $4.01 billion in net assets and $110.76 million in daily inflows, with a trading price of $44.34, down by 1.34%.  
VanEck's HODL ETF held $1.37 billion in net assets and no recorded daily inflows. It traded at $113.39, a decrease of 1.14%. Valkyrie's BRRR ETF showed net assets of $914.21 million and no inflows, trading at $28.31, with a 1.36% drop. 
The post <a href="https://cryptonewsland.com/bitcoin-etfs-record-597m-inflows-blackrock-and-grayscale-lead-the-market-trends/" rel="noopener noreferrer nofollow">Bitcoin ETFs Record $597M Inflows: BlackRock and Grayscale Lead the Market Trends</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Bitcoin ETFs Record $597M Inflows: BlackRock and Grayscale Lead the Market Trends

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