Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with probably the most vital belongings beneath administration (AUM) one 12 months after their launch in the US.
BlackRock’s spot Bitcoin ETF IBIT was the perfect performer among the Bitcoin ETFs and likewise among all of the almost 4,000 exchange-traded funds on a list made by Bloomberg ETF analyst James Seyffart. The fund has over $52 billion in AUM.
In the meantime, Fidelity’s Bitcoin ETF FBTC took fourth place, with almost $20 billion in AUM one 12 months after its launch.
ARKB, the spot Bitcoin ETF managed by (*20*) and ARK Invest, stood at sixteenth place with $4.4 billion in AUM. Bitwise’s BITB wrapped Bitcoin ETFs in the highest 20 in 18th place, with roughly $4 billion in AUM.
Seyffart highlighted that BITB and ARKB, managed by comparatively small asset managers, had been among the highest 20 launches final 12 months. Increasing the record to the highest 100 launches, VanEck’s Bitcoin ETF HODL makes the lower with its $1.3 billion in AUM, securing the 99th place.
Over 4% of worldwide flows
The 2 largest spot Bitcoin ETFs by internet flows, IBIT and FBTC, represented over 4% of the worldwide $1,14 trillion flows. Each funds ranked among the highest 20, with IBIT being bested solely by two conventional finance giants: the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO).
One other vital milestone was surpassing gold ETFs in their first 12 months. Based on Bitwise, gold ETFs registered roughly $2.5 billion in flows in their launch 12 months, whereas US-traded Bitcoin ETFs secured over $37 billion in inflows.
Of their greatest 12 months, gold ETFs inched nearer to $30 billion in inflows, which is approach under what Bitcoin ETFs registered in their first 12 months.
Moreover, in mid-December, the cumulative AUM of all Bitcoin ETFs—together with spot, derivatives, and leverage—surpassed the overall AUM of gold ETFs.
Notably, based on Farside Investors’ data, regardless of a big outflow of almost $570 million on Jan. 8, US-traded spot Bitcoin ETFs nonetheless registered $462 million in optimistic internet flows this week earlier than closing on Jan. 10.
