BlackRock ETF ends year with 4th outflow of the month amid quiet day

Share This Post

Bitcoin spot ETFs posted $5.32 million in net inflows on Dec. 31, according to Farside Investors. Fidelity led with $36.8 million in inflows, while Bitwise followed at $8.7 million.

BlackRock recorded $23.5 million in outflows, bringing the total number of outflow days in December to four. Ark shed $11.2 million, Grayscale saw a $9.6 million exit, and Grayscale’s mini-BTC ETF saw $4.1 million in inflows. Industry-wide flows settled at $5.3 million after offsetting movements across these products.

Bitcoin ETF flows (Source: Sosovalue)
Bitcoin ETF flows (Source: Sosovalue)

As the year closed out, cumulative net inflows for 2024 reached $35.24 billion, the total value traded stood at $2.25 billion, and total net assets were $105.4 billion. Spot Bitcoin ETFs launched in January 2024, with BlackRock and Fidelity’s funds breaking records as two of the most successful new ETF launches in history.

The post BlackRock ETF ends year with 4th outflow of the month amid quiet day appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Coinbase Premium Index Reaches Two-Year Low At -0.23%: Impact On Bitcoin Price Unveiled

In a promising development, the Bitcoin price is inching closer to the coveted $100,000 mark as it trades above $98,000 for the first time since late December  Crypto analyst Ali Martinez has

DOGE Whale’s $145 Million Bet on Dogecoin, What’s Next?

The post DOGE Whale’s $145 Million Bet on Dogecoin, What’s Next appeared first on Coinpedia Fintech News Dogecoin (DOGE), the popular and world’s largest meme coin by market cap, has broken

DOGE Whale’s $145 Million Bet on Dogecoin, What’s Next?

The post DOGE Whale’s $145 Million Bet on Dogecoin, What’s Next appeared first on Coinpedia Fintech News Dogecoin (DOGE), the popular and world’s largest meme coin by market cap, has broken

Who’s Selling Bitcoin? Top Analyst Uncovers Old Whale Activity

Bitcoin has started the year with a strong performance, confirming crucial demand above the $92,000 mark and gaining over 6% in price appreciation This move has renewed investor optimism, reinforcing

Dogecoin Bullish Signal: Whales Make $1.08 Billion Net DOGE Purchase

On-chain data shows the Dogecoin whales have gone on a strong accumulation spree recently, a sign that could be bullish for DOGE’s price Dogecoin Whales Have Just Increased Holdings By Around

Bitcoin at 16: How Bitcoin Challenges Fiat’s Fragile Foundations

While many celebrate Bitcoin’s 16th anniversary it’s always a good idea to reflect on the fact that in contrast to fiat currency, bitcoin represents a fascinating attempt to anchor