Inflows into U.S. spot Bitcoin ETFs increased by over 90% on December 3, bringing their total holdings closer to matching the Bitcoin stash attributed to Satoshi Nakamoto. Twelve spot Bitcoin ETFs saw $675.97 million in inflows, nearly double the previous day's inflows. The largest inflows were seen in BlackRock's IBIT, which reached $693.25 million. Fidelity's FBTC, VanEck's HODL, and Bitwise's BITB also saw inflows. ARK and 21Shares' ARKB reported outflows. Despite the strong inflows, the total trading volume for these ETFs dropped. U.S. spot Bitcoin ETFs now hold 1.083 million BTC, just 13,000 BTC away from surpassing Nakamoto's holdings.
- Content Editor ( crypto.news )
- 2024-12-04
Spot Bitcoin ETF inflows surge 90%, closing in on Satoshi Nakamoto’s BTC holdings