Loading cryptocurrency prices...

Bitcoin ETF Inflows Double to $676M as BlackRock’s Fund Dominates Market

Fresh Wave of Institutional Investment Drives Record ETF Inflows, Nearing Mysterious Founder's Original BTC Stash

  • U.S. spot Bitcoin ETFs recorded $676 million in inflows on Tuesday, nearly doubling Monday’s $353.67 million
  • Total net assets across Bitcoin ETFs reach $104.25 billion, managing 1,076,609.7 BTC
  • BlackRock‘s IBIT leads with $693.25 million daily inflow, while ARK sees $93.5 million outflow
  • November sets monthly record with $7.6 billion in net inflows
  • Ethereum spot ETFs add $133 million in parallel momentum

Bitcoin exchange-traded funds in the United States demonstrated substantial growth on Tuesday, with net inflows reaching $676 million, according to data from SoSoValue. The daily inflow represents an 91% increase from Monday’s $353.67 million, highlighting growing institutional interest.

- Advertisement -

Market Leadership and Asset Distribution

BlackRock’s iShares Bitcoin Trust ETF (IBIT) maintained its market-leading position with $693.25 million in daily inflows, bringing its total holdings to $48.5 billion. Fidelity Wise Origin Bitcoin Fund followed with $52.17 million in new capital.

The Grayscale Bitcoin Trust ETF, which previously dominated the market, reported no net flows Tuesday. Its market share has decreased to $20.6 billion, representing a significant shift from its former position controlling nearly all U.S. Bitcoin spot ETF assets.

Market Impact and Analysis

Alex Obchakevich, founder of Obchakevich Research, attributes recent success to political developments: “Trump’s position is as pro-crypto as possible..” – suggesting increased market confidence among institutional investors.

Valentin Fournier from BRN reports parallel growth in Ethereum products, with spot ETFs attracting $133 million on Tuesday.

- Advertisement -

The total assets under management across Bitcoin ETFs now equal approximately 1,076,609.7 BTC, approaching the estimated 1.1 million BTC held in wallets associated with Bitcoin’s creator, Satoshi Nakamoto.

Industry Expansion

The cryptocurrency ETF sector shows signs of broader market integration. Obchakevich points to real-world applications, referencing Tether.io.

Tether’s recent oil transaction using USDT as evidence of cryptocurrency’s expanding practical applications.

November’s record $7.6 billion in monthly net inflows across Bitcoin ETFs indicates sustained institutional appetite, suggesting a maturing market infrastructure for digital asset investment vehicles.

Despite overall market strength, ARK 21Shares Bitcoin ETF (ARKB) experienced $93.5 million in outflows Tuesday, highlighting the selective nature of institutional investment flows in the sector.

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

71 Nations Dump Dollar as Gold Buying Surges, JPMorgan Warns

The share of U.S. dollar reserves worldwide has dropped below 60% for the first...

Bitcoin Risks Deeper Drop as $107K Support Faces Critical Test

Bitcoin’s recovery after Friday’s crash remains weak, with prices hovering just above a key...

Trump Imposes 50% Tariff on India, Cites Russian Oil Imports

Russian oil imports were at the center of trade tensions between India and the...

Bitcoin Struggles to Recover After $19B Liquidation and ETF Slump

Bitcoin is going through a phase of rebuilding market confidence after a major sell-off...

Apple Joins Robotics Race as TSLA Faces Rising Mag-7 Competition

Apple is expanding manufacturing in Vietnam to build tabletop robots and smart home devices. Morgan...
- Advertisement -

Must Read

Are Cryptocurrency Securities?

TL;DR - Cryptocurrencies are not typically considered securities, as they are decentralized digital assets that operate independently of any central authority or government. However,...