Bitcoin ETFs Attract $439 Million Daily Inflows Despite Market Downturn

BE[IN]CRYPTO12-12

Bitcoin ETFs continue their bullish streak, with nine consecutive days of positive inflows. BlackRock’s IBIT led the charge with $295.63 million in inflows on Tuesday, December 10. Despite the ...

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Last week, all 12 funds recorded the second-largest weekly inflow at $2.73 billion. Despite wider liquidation in the market this week, ETF investors seem highly bullish on the funds.Total Bitcoin spot ETF net inflow. Source: SoSoValue. However, Bitcoin recovered at press time and was trading around $100,555, up 5","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4535":"淡马锡持仓","GBTC":"Grayscale Bitcoin Trust","BLK":"贝莱德","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4550":"红杉资本持仓","BK4588":"碎股","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0731783048.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC MONTHLY (G)","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","BRRR":"Valkyrie Bitcoin Fund","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","DEFI":"Hashdex Bitcoin ETF","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","BTCO":"Invesco Galaxy Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","FDN":"First Trust Dow Jones Internet I","BK4581":"高盛持仓","IBIT":"iShares Bitcoin Trust","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","BTCW":"WisdomTree Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","BK4601":"加密货币现货ETF","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","BITB":"Bitwise Bitcoin ETF","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4585":"ETF&股票定投概念","BITO":"ProShares Bitcoin ETF","BK4594":"比特币ETF概念","BK4534":"瑞士信贷持仓","LU0742537680.HKD":"FIDELITY GLOBAL DIVIDEND \"A \" (HKD) INC","FBTC":"Fidelity Wise Origin Bitcoin Fund","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC"},"translate_title":"尽管市场低迷，比特币ETF每天仍吸引4.39亿美元资金流入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":1,"IBIT":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BRRR":1,"BITB":1,"FDN":0.9,"BLK":0.7},"content_text":"Bitcoin ETFs continue their bullish streak, with nine consecutive days of positive inflows.\nBlackRock’s IBIT led the charge with $295.63 million in inflows on Tuesday, December 10.\nDespite the positive inflows, the broader market saw liquidations exceeding $2.5 billion in the past three days.\n\nBitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.\nBlackRock’s spot Bitcoin ETF IBIT led with the most inflows over the past day.\nBitcoin ETFs Extend the Bullish Momentum\nAccording to the data from SoSoValue, Bitcoin ETFs extended their winning streak after recording the ninth consecutive day of positive inflows on December 10. Last week, all 12 funds recorded the second-largest weekly inflow at $2.73 billion. Despite wider liquidation in the market this week, ETF investors seem highly bullish on the funds. \nTotal Bitcoin spot ETF net inflow. Source: SoSoValue\nThe ETFs attracted a significant amount of $439.56 million on Tuesday as BlackRock’s IBIT brought in $295.63 million, followed by Fidelity’s FBTC, with an inflow of $210.48 million.\nAt the same time, Grayscale’s GBTC recorded outflows of over $60 million. Nevertheless, the $400 million in net inflows confirm the strong investor interest in the US spot BTC ETFs.\nThe total net assets under these ETFs have crossed $107.76 billion, which marks 5.65% of Bitcoin’s total market cap. More interestingly, these funds currently hold more Bitcoin than Satoshi Nakamoto.\nIn November, Bitcoin ETFs recorded $6.1 billion in inflows, the highest monthly influx since their launch in January. Total inflows in December are already nearing $4 billion, and if the momentum holds, the funds could hit a new record this month.\nEthereum ETFs did not disappoint either, as daily inflows crossed $305 million on Tuesday. But the same can not be said about the rest of the market.\nCrypto Liquidations Soar to Billions \nDespite the growth shown by the ETF market, the past couple of days saw mounting liquidations as Bitcoin could not hold firm above $100,000. Bitcoin dragged the rest of the market down with it as the total crypto market cap took a hit. Major altcoins like XRP and Solana also mirrored Bitcoin’s losses. \nAccording to Coinglass data, the market recorded $1.7 billion in liquidations on December 9 alone as Bitcoin prices declined to around $97,000 after hitting $100,000.\nTotal liquidations chart. Source: Coinglass\nThe sell-off continued into the week, with the total liquidations over the past three days topping $2.5 billion. \nHowever, Bitcoin recovered at press time and was trading around $100,555, up 5.06% over the past 24 hours. If Bitcoin manages to stay above the $100,000 mark, then the largest cryptocurrency can continue to cement its position in institutional portfolios. \n\n\n\n\n🎄Best crypto platforms in Europe | December 2024\n\n\n\neToro\nExplore\n                      \n\n\n\n\n\nWirex\nExplore\n                      \n\n\n\n\n\nYouHodler\nExplore\n                      \n\n\n\n\n\nPhemex\nExplore\n                      \n\n\n\n\n\nMargex\nExplore\n                      \n\n\n\n\n\n\n\n\n🎄Best crypto platforms in Europe | December 2024\n\n\neToro\n\n\n\n\n\n\n\n\nWirex\n\n\n\n\n\n\n\n\nYouHodler\n\n\n\n\n\n\n\n\nPhemex\n\n\n\n\n\n\n\n\nMargex","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490818758"}