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How Much Funds Inflows to Bitcoin Spot ETFs on Their First Day? How Many BTC Did ETFs Buy in Total? Here is the Current Data

According to the latest data, there was a large inflow of funds into Bitcoin Spot ETF products on the first trading day. Here are the details.

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The newly launched Bitcoin Spot Exchange Traded Funds (ETFs) generated a total of $655 million in net inflows in their first day of trading.

Assuming that the BTC price was $46,500 on average during the same period, ETF funds purchased approximately net 14,000 BTC.

Bitwise Bitcoin ETF (BITB) led the way with first-day inflows of $237.90 million, followed closely by Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted $226.97 million. iShares Bitcoin Trust (IBIT) also saw significant inflows, bringing in $111.67 million.

Other notable participants include ARK 21Shares Bitcoin ETF (ARKB) at $65.33 million, Franklin Bitcoin ETF (EZBC) at $50.07 million, and Valkyrie Bitcoin Fund (BRRR) at $29.40 million. Invesco Galaxy Bitcoin ETF (BTCO), Vaneck Bitcoin Trust (HODL), and WisdomTree Bitcoin Fund (BTCW) also contributed to total inflows with $17.36 million, $10.56 million, and $0.99 million, respectively.

Related News  JPMorgan Announces Likelihood of Ethereum Spot ETF Approval in May

There was a net outflow of $95.07 million from Grayscale's GBTC product, which draws attention with its high fee policy.

Here are the net fund inflows listed:

  • Bitwise Bitcoin ETF (BITB): $237.90 million
  • Fidelity Wise Origin Bitcoin Fund (FBTC): $226.97 million
  • iShares Bitcoin Trust (IBIT): $111.67 million
  • ARK 21Shares Bitcoin ETF (ARKB): $65.33 million
  • Franklin Bitcoin ETF (EZBC): $50.07 million
  • Valkyrie Bitcoin Fund (BRRR): $29.40 million
  • Invesco Galaxy Bitcoin ETF (BTCO): $17.36 million
  • Vaneck Bitcoin Trust (HODL): $10.56 million
  • WisdomTree Bitcoin Fund (BTCW): $0.99 million
  • Hashdex Bitcoin Futures ETF (DE FI): $0.00
  • Grayscale Bitcoin Trust BTC (GBTC): -$95.07 million

*This is not investment advice.



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