HODL

Daily

BlackRock

<ul class="wp-block-list">
  
 <li>Bitcoin ETFs recorded $353.67 million daily inflows, bringing total net assets under management to $103.91 billion.</li>   
 <li>BlackRock’s IBIT ETF led the market with $48.00 billion in assets and $338.33 million in daily inflows.</li>   
 <li>Grayscale and Fidelity ETFs saw varied results, with inflows and outflows affecting asset levels and market prices.</li> 
</ul>   
In a recent update by SoSoValue, BTC exchange-traded funds (ETFs) have recorded different market movements and trading actions as of December 2. The total daily net inflow gained $353.67 million, bringing cumulative net inflows of $31.06 billion. Total net assets under management across all ETFs amounted to $103.91 billion, conveying 5.49% of Bitcoin’s market cap, while trading activity remained strong, with a total value traded of $3.91 billion.   
<h2 class="wp-block-heading" id="h-blackrock-leads-etfs-48b-assets-338m-inflow">BlackRock Leads ETFs: $48B Assets, $338M Inflow</h2>   
Among the ETFs, BlackRock's IBIT ETF dominates with $48.00B in net assets, capturing 2.54% of Bitcoin's market share. The fund recorded the highest 1-Day Net Inflow of $338.33M. However, its market price declined by 1.32%, <a href="https://cryptonewsland.com/microstrategy-purchases-1-5-billion-in-bitcoin-holdings-reach-402100-btc/" target="_blank" rel="noreferrer noopener">closing at $54.48, with $2.88B in trading volume.</a>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdW5xhuaMAjZp_F8wNxRYpubj7imXIfv0PyqdfG8On5aiW06z4H9UXqpUNAqMJ7i25NpNUtxEvlJS0nIap9koLJARid0_Opqy5_YzXwaOeoADZZRN9FTo0b7TzILb1ZFStYQv00?key=SXhqOL__V4HZ-RxBT1JqzwKz" alt="">
</figure>   
Source: <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener">SoSoValue</a>   
Grayscale’s GBTC ETF manages $20.59B in net assets, representing 1.09% of Bitcoin's share. It saw a daily outflow of $28.11M. Despite this, its market price ended at $76.03, declining by 1.38%, with $233.22M traded. Fidelity’s FBTC ETF holds $18.99B in <a href="https://cryptonewsland.com/these-5-emerging-cryptos-might-surpass-bitcoin-and-ethereum-in-the-next-bull-run/" target="_blank" rel="noreferrer noopener">net assets and gained $25.14M in daily inflows.</a> The market price fell 1.43% to $83.70, while trading volume reached $378.07M.   
<h2 class="wp-block-heading" id="h-arkb-gains-17m-as-etf-prices-slip-across-board">ARKB Gains $17M as ETF Prices Slip Across Board</h2>   
The ARKB ETF, managed by Ark &amp; 21Shares, has $4.70B in net assets. It gained $17.24M in inflows but saw its market price drop by 1.37% to $95.64. Trading activity totaled $170.01M.   
Bitwise’s BITB ETF holds $3.94B in net assets without reporting any daily inflows or outflows. Its market price closed at $52.15, down 1.47%, with $102.00M traded.   
VanEck's HODL ETF registered $1.30B in net assets with an outflow of $10.85M. Its price dropped by 1.33% to $108.32, with $27.99M traded. Other notable ETFs include Valkyrie’s BRRR with $891.74M in assets, Invesco’s BTCO with $418.63M, and Franklin’s EZBC ETF managing $461.64M. Each fund recorded minor price declines, with trading volumes ranging from $8.77M to $34.11M.   
The post <a href="https://cryptonewsland.com/btc-etfs-record-353m-daily-inflows-but-price-declines-persist-across-key-funds/">BTC ETFs Record $353M Daily Inflows, But Price Declines Persist Across Key Funds</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

BTC ETFs Record $353M Daily Inflows, But Price Declines Persist Across Key Funds

Table of Contents

Crypto News Land

Other articles published on Dec 3, 2024

Coinbase Secures NYDFS License and Expands Globally

Top 3 AI Bots Revolutionizing Hedge Funds’ Crypto Investments

VeBetterDAO Unveils NFT Improvements, New Mascot, and Delegation Innovations

XRP’s Rapid Price Growth: Is the Bull Run Sustainable Or Fading?

Grayscale files with SEC for spot Solana ETF

Market Analyst Claims ONDO Price Is About to Hit a New All-Time High – Here’s the Outlook

Join our free newsletter for daily crypto updates!