Bitcoin
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$105,448.00 5.66994
Bitcoin price
Ethereum
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$3,431.51 3.03808
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BNB
BNB (BNB)
$724.65 1.65759
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Solana
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$217.56 2.15875
Solana price
XRP
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$3.24 -3.55608
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Shiba Inu
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$0.0000241 7.80995
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Bonk
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dogwifhat
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$1.85 0.97122
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$0.704414 14.22597
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Bitcoin
Bitcoin (BTC)
$105,448.00 5.66994
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.51 3.03808
Ethereum price
BNB
BNB (BNB)
$724.65 1.65759
BNB price
Solana
Solana (SOL)
$217.56 2.15875
Solana price
XRP
XRP (XRP)
$3.24 -3.55608
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000241 7.80995
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000202 9.77454
Pepe price
Bonk
Bonk (BONK)
$0.0000321 10.16861
Bonk price
dogwifhat
dogwifhat (WIF)
$1.85 0.97122
dogwifhat price
Popcat
Popcat (POPCAT)
$0.704414 14.22597
Popcat price
Bitcoin
Bitcoin (BTC)
$105,448.00 5.66994
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.51 3.03808
Ethereum price
BNB
BNB (BNB)
$724.65 1.65759
BNB price
Solana
Solana (SOL)
$217.56 2.15875
Solana price
XRP
XRP (XRP)
$3.24 -3.55608
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000241 7.80995
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000202 9.77454
Pepe price
Bonk
Bonk (BONK)
$0.0000321 10.16861
Bonk price
dogwifhat
dogwifhat (WIF)
$1.85 0.97122
dogwifhat price
Popcat
Popcat (POPCAT)
$0.704414 14.22597
Popcat price
Bitcoin
Bitcoin (BTC)
$105,448.00 5.66994
Bitcoin price
Ethereum
Ethereum (ETH)
$3,431.51 3.03808
Ethereum price
BNB
BNB (BNB)
$724.65 1.65759
BNB price
Solana
Solana (SOL)
$217.56 2.15875
Solana price
XRP
XRP (XRP)
$3.24 -3.55608
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000241 7.80995
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000202 9.77454
Pepe price
Bonk
Bonk (BONK)
$0.0000321 10.16861
Bonk price
dogwifhat
dogwifhat (WIF)
$1.85 0.97122
dogwifhat price
Popcat
Popcat (POPCAT)
$0.704414 14.22597
Popcat price

Bitcoin spot ETF net inflow reaches $637m

bitcoin-spot-etf-net-inflow-reaches-637-million
Edited by
News
Bitcoin spot ETF net inflow reaches $637m

Growing institutional confidence is indicated by Bitcoin’s record-breaking gain and consistent ETF inflows.

According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec. 16, the 13th day in a row that inflows have been positive. Bitcoin is hitting new all-time highs at the same time as this continuous investment boom, indicating rising investor confidence in the cryptocurrency sector.

Bitcoin spot ETF net inflow reaches $637m - 1
Source: SoSoValue

With the largest one-day inflow of $418 million, BlackRock’s IBIT took the lead and accumulated a total net inflow of $36.3 billion. With $116 million, Fidelity’s FBTC came next, increasing its overall net inflow to $12.4 billion. Grayscale’s GBTC, however, continued its upward trend with a net inflow of $17.65 million. Bitwise’s BITB and Ark’s ARKB are two more noteworthy contributors that show widespread institutional involvement across several funds.

The price of Bitcoin hit a fresh record high of almost $107,000 on Dec. 16. Several things have contributed to this milestone, such as President-elect Donald Trump’s pro-crypto views and intentions to create a strategic Bitcoin reserve in the United States, which have increased market confidence.

At $120.7 billion, the total net asset value of Bitcoin spot ETFs represents 5.76% of the market capitalization of Bitcoin.

According to some forecasts, Bitcoin’s value might rise to $250,000 as a result of the combination of consistent ETF inflows and encouraging legislative changes.