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Bitcoin
Bitcoin (BTC)
$95,753.00 0.48423
Bitcoin price
Ethereum
Ethereum (ETH)
$2,713.47 1.71929
Ethereum price
BNB
BNB (BNB)
$651.95 1.12467
BNB price
Solana
Solana (SOL)
$169.20 3.03147
Solana price
XRP
XRP (XRP)
$2.55 -0.10017
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.6681
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000094 0.23191
Pepe price
Bonk
Bonk (BONK)
$0.0000157 1.14399
Bonk price
dogwifhat
dogwifhat (WIF)
$0.629891 3.47569
dogwifhat price
Popcat
Popcat (POPCAT)
$0.236335 -4.54952
Popcat price
Bitcoin
Bitcoin (BTC)
$95,753.00 0.48423
Bitcoin price
Ethereum
Ethereum (ETH)
$2,713.47 1.71929
Ethereum price
BNB
BNB (BNB)
$651.95 1.12467
BNB price
Solana
Solana (SOL)
$169.20 3.03147
Solana price
XRP
XRP (XRP)
$2.55 -0.10017
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.6681
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000094 0.23191
Pepe price
Bonk
Bonk (BONK)
$0.0000157 1.14399
Bonk price
dogwifhat
dogwifhat (WIF)
$0.629891 3.47569
dogwifhat price
Popcat
Popcat (POPCAT)
$0.236335 -4.54952
Popcat price
Bitcoin
Bitcoin (BTC)
$95,753.00 0.48423
Bitcoin price
Ethereum
Ethereum (ETH)
$2,713.47 1.71929
Ethereum price
BNB
BNB (BNB)
$651.95 1.12467
BNB price
Solana
Solana (SOL)
$169.20 3.03147
Solana price
XRP
XRP (XRP)
$2.55 -0.10017
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.6681
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000094 0.23191
Pepe price
Bonk
Bonk (BONK)
$0.0000157 1.14399
Bonk price
dogwifhat
dogwifhat (WIF)
$0.629891 3.47569
dogwifhat price
Popcat
Popcat (POPCAT)
$0.236335 -4.54952
Popcat price

Bitcoin spot ETF net inflow reaches $637m

Dorian Batycka
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.