emre yumlu 
Total Inflows to U.S. Spot Bitcoin ETFs Surpass $30 Billion as BTC Nears $100,000.
Spot Bitcoin exchange-traded funds (ETFs) launched in January in the U.S. have surpassed $30 billion in total net inflows for the first time.
The re-election of former President Donald Trump has fueled positive market sentiment, leading to increased trading volumes and net inflows for these funds. On Wednesday, the total net asset value of these ETFs exceeded the $100 billion milestone. On Thursday, 12 Bitcoin ETFs reported a total daily net inflow of $1 billion, bringing the cumulative total inflows to $30.35 billion.
What is the status of BlackRock IBIT Fund?
BlackRock‘s IBIT fund took the lead with an inflow of $608.41 million, followed by Fidelity’s FBTC fund with an inflow of $300.95 million.
Bitwise’s spot Bitcoin fund attracted $68 million, and Ark and 21Shares’ ARKB fund recorded an inflow of $17 million. Grayscale’s Mini Bitcoin Trust, along with Bitcoin ETFs from VanEck and Franklin Templeton, also saw net inflows.
What about Grayscale’s GBTC Fund?
Grayscale‘s GBTC fund recorded a net outflow of $7.8 million yesterday, making it the only fund with negative flows.
The other four funds reported zero inflows or outflows throughout the day. In total, the 12 ETFs reached a trading volume of $7.1 billion yesterday. Bitcoin’s unstoppable rally has reached new all-time highs, and it is now targeting the long-awaited $100,000 price level.
Bitcoin is trading at $99,320, up 2% in the past 24 hours. Meanwhile, spot Ethereum ETFs in the U.S. saw $9.05 million in net outflows on Thursday, extending their streak of negative flows to six days. The nine Ethereum ETFs reported a total trading volume of $839.64 million yesterday.