Spot Bitcoin ETFs Attract Over $900M

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US spot Bitcoin exchange-traded funds attracted a total of almost $1.9 billion in net inflows on Jan. 3 and Jan. 6, marking a significant increase after a period of low demand in late December.

Data from Farside Investors shows that on Jan. 6, the Fidelity Wise Origin Bitcoin Fund led the way with $370.2 million in inflows, followed by BlackRock’s iShares Bitcoin ETF with $209 million and the ARK 21Shares Bitcoin ETF with $153 million.

The Bitwise Bitcoin ETF and Grayscale’s spot Bitcoin ETFs, GBTC and BTC, also saw significant inflows of over $70 million, while the VanEck Bitcoin ETF and Franklin Bitcoin ETF received $17.3 million and $8.9 million, respectively.

However, the spot Bitcoin ETFs from Invesco, Valkyrie, and WisdomTree did not see any inflows on Jan. 6, according to the data.

These strong days on Jan. 3 and Jan. 6 nearly offset the $1.9 billion in net outflows between Dec. 19 and Jan. 2. Since their launch almost 12 months ago, spot Bitcoin ETFs have accumulated a total of $36.9 billion in net inflows with the recent influx of investments.