US Spot Bitcoin ETF Flows
On January 11, 2024, nearly a dozen fund providers were given the green light to launch the first spot-based Bitcoin ETFs in the United States. The issuers include financial titans such as BlackRock, Fidelity and many more. Since the launch, several hundred million US dollars have flowed into the products every week. Interested readers can find a detailed breakdown of the daily cash flows of the spot Bitcoin ETFs in millions of USD here.
| Date | IBIT | FBTC | BITB | ARKB | GBTC | Others | Total (USDm) |
|---|
Breakdown of the US Spot Bitcoin ETF flows (USDm) / Source: CVJ.CH, Farside Investors
Strategy STRC pays an 11.5% yield and uses it to finance Bitcoin purchases – the comparison with Terra-Luna reveals surface-level parallels.
Bitcoin rises to $74,416 and outperforms gold, equities, and silver since the start of the war, with $1.3 billion in ETF inflows in March.
