Bitcoin Sees Massive $637.5 Million Net Inflow in Spot ETF Investments, Led by BlackRock and ARK

On December 17, COINOTAG reported significant activity within the U.S. Bitcoin spot ETF market, highlighting a remarkable net inflow of $637.5 million over the prior day, according to data sourced from Farside Investors. The leading contributor to this surge was BlackRock’s IBIT, attracting a substantial $418.8 million. Other noteworthy inflows included BITB with $30.7 million, ARKB receiving $47.7 million, and Grayscale’s GBTC and BTC, which garnered net inflows of $17.6 million and $6.6 million, respectively. These figures underscore the growing institutional interest and confidence in cryptocurrency investments, particularly Bitcoin ETFs, which are now seen as a pivotal element in the evolving landscape of digital asset investment strategies. This trend may suggest a shift in market dynamics as more traditional investors look toward crypto assets for portfolio diversification.