Overview
- BlackRock’s iShares Bitcoin Trust led the Jan. 2 recovery with roughly $287 million in subscriptions, with Fidelity and Bitwise funds also positive and no products posting outflows that day.
- Spot Ethereum ETFs took in about $174 million on Jan. 2, led by Grayscale and BlackRock vehicles, marking the first positive weekly tally for the segment since mid-December.
- Total assets in U.S.-listed Bitcoin ETFs reached about $116.95 billion on Jan. 2 as cumulative net inflows climbed to roughly $57.08 billion, with daily trading volume near $5.36 billion.
- The bounce followed a record $4.57 billion pulled from Bitcoin ETFs across November and December and more than $2 billion withdrawn from Ether products, a stretch that coincided with a roughly 20% slide in bitcoin’s price.
- Farside data show about $1.29 billion of net Bitcoin ETF outflows between Dec. 15 and Dec. 31, concentrated in several large sessions that underscored questions around flow stickiness and holiday liquidity.