Net Inflow Hits $6.84 Million as BlackRock’s IBIT Takes the Lead

TLDR

• Bitcoin ETFs recorded a $6.84 million daily net inflow, with cumulative inflows reaching $56.50 billion as of January 26.
• IBIT led all Bitcoin ETFs with a $15.93 million daily inflow and the highest trading value at $2.19 billion.
• BTC and BTCW also posted daily inflows, adding 88.26 BTC and 31.74 BTC respectively.
• BITB, ARKB, and FBTC reported daily outflows, with BITB posting the largest decline at $10.97 million.
• Several Bitcoin ETFs including GBTC, HODL, BTCO, BRRR, EZBC, and DEFI showed no daily flow changes.

In a recent market update by SoSoValue as of January 26, the Bitcoin ETFs market reported a daily total net inflow of $6.84 million and a cumulative total net inflow of $56.50 billion. The total value traded for the Bitcoin ETFs stood at $3.19 billion, while total net assets reached $113.54 billion, representing 6.48% of Bitcoin’s market cap.

IBIT, BTC, and BTCW Bitcoin ETFs Contribute to Inflows

A look at the performance of every Bitcoin ETF reveals that IBIT (BlackRock, NASDAQ) led the daily net inflow with $15.93 million and recorded a 1-day BTC inflow of 181.47. Its cumulative net inflow stood at $62.92 billion with total net assets of $68.33 billion. It also led trading volume with $2.19 billion despite a -2.07% daily price drop.

BTC (Grayscale, NYSE) recorded a $7.75 million inflow and added 88.26 BTC. Cumulative net inflow hit $1.96 billion with net assets at $4.25 billion. The ETF traded $75.55 million in volume with a market price of $38.75.

BTCW (WisdomTree, CBOE) posted a $2.79 million inflow and added 31.74 BTC. Cumulative inflow stood at $52.53 million with $147.64 million in net assets.

BITB, ARKB, and FBTC Bitcoin ETFs Reports Outflows

BITB (Bitwise, NYSE) reported the highest outflow at $10.97 million and lost 124.96 BTC. Cumulative net inflow remained positive at $2.16 billion with net assets at $3.41 billion. It traded $97.92 million and closed at $47.55.

ARKB (Ark & 21Shares, CBOE) saw a $2.91 million outflow and a BTC outflow of 33.20. Cumulative inflow stood at $1.56 billion with net assets at $3.24 billion. It traded $89.31 million at a price of $29.05.

FBTC (Fidelity, CBOE) saw an outflow of $5.73 million with a 1-day BTC outflow of 65.34. Its cumulative net inflow reached $11.46 billion. Net assets were reported at $17.05 billion, and the ETF traded $415.91 million with a market price of $76.26.

GBTC, HODL, BTCO, BRRR, DEFI and EZBC  Hold Stable

GBTC (Grayscale, NYSE) had no new inflows or outflows reported for the day. However, it still held a negative cumulative net inflow of -$25.58 billion. Net assets totaled $14.09 billion, and the ETF closed at $68.31 with a trading volume of $264.77 million. HODL (VanEck, CBOE) recorded no daily inflows or outflows. Its cumulative inflow remained at $1.09 billion with net assets of $1.39 billion. The Bitcoin ETF traded $30.52 million and closed at $24.75.

BTCO (Invesco, CBOE) also reported no inflows or outflows, holding $224.62 million in cumulative net inflow. It traded $9.53 million and maintained $562.54 million in net assets. BRRR (Valkyrie, NASDAQ) showed no daily movement and held $313.98 million in cumulative net inflow. Its net assets were $530.21 million with a market price of $24.72.

EZBC (Franklin, CBOE) recorded no new inflows but maintained $350.20 million in cumulative inflow. It traded $5.57 million, closing at $50.62 with net assets of $522.82 million. DEFI (Hashdex, NYSE) saw no daily inflow and reported a cumulative net outflow of -$1.45 million. It traded $22.43K and had $11.89 million in net assets with a market price of $98.88.