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    Spot Bitcoin ETFs mark first anniversary with 4 amongst High 20 in AUM

    Latest News

    4 spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the many 20 ETFs with probably the most vital property underneath administration (AUM) one yr after their launch within the US. 

    BlackRock’s spot Bitcoin ETF IBIT was the very best performer among the many Bitcoin ETFs and likewise amongst all of the almost 4,000 exchange-traded funds on an inventory made by Bloomberg ETF analyst James Seyffart. The fund has over $52 billion in AUM.  

    In the meantime, Constancy’s Bitcoin ETF FBTC took fourth place, with almost $20 billion in AUM one yr after its launch. 

    ARKB, the spot Bitcoin ETF managed by 21shares and ARK Make investments, stood at sixteenth place with $4.4 billion in AUM. Bitwise’s BITB wrapped Bitcoin ETFs within the high 20 in 18th place, with roughly $4 billion in AUM.

    Seyffart highlighted that BITB and ARKB, managed by comparatively small asset managers, have been among the many high 20 launches final yr. Increasing the listing to the highest 100 launches, VanEck’s Bitcoin ETF HODL makes the lower with its $1.3 billion in AUM, securing the 99th place.

    Over 4% of world flows

    The 2 largest spot Bitcoin ETFs by web flows, IBIT and FBTC, represented over 4% of the worldwide $1,14 trillion flows. Each funds ranked among the many high 20, with IBIT being bested solely by two conventional finance giants: the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO).

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    One other vital milestone was surpassing gold ETFs of their first yr. In accordance with Bitwise, gold ETFs registered roughly $2.5 billion in flows of their launch yr, whereas US-traded Bitcoin ETFs secured over $37 billion in inflows.

    Of their greatest yr, gold ETFs inched nearer to $30 billion in inflows, which is method under what Bitcoin ETFs registered of their first yr.

    Moreover, in mid-December, the cumulative AUM of all Bitcoin ETFs—together with spot, derivatives, and leverage—surpassed the overall AUM of gold ETFs.

    Notably, in keeping with Farside Traders’ information, regardless of a big outflow of almost $570 million on Jan. 8, US-traded spot Bitcoin ETFs nonetheless registered $462 million in optimistic web flows this week earlier than closing on Jan. 10.

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