On January 4th, COINOTAG News reported significant institutional interest in Bitcoin as the net inflow into the US Bitcoin spot ETF reached a remarkable $908.1 million. This surge reflects a growing acceptance of digital assets among traditional investors. Notably, BlackRock’s IBIT attracted an impressive $253 million, while Fidelity’s FBTC drew in $357 million, underscoring the firm’s strategic positioning in the crypto space.
Furthermore, Bitwise’s BITB recorded $61.10 million, indicating robust investor confidence in diversified digital asset strategies. Additional contributions came from ARK’s ARKB with $222 million and VanEck’s HODL at $5.60 million. Even Grayscale’s Mini BTC registered a modest inflow of $8.70 million, signaling a wider trend towards Bitcoin adoption through regulated avenues. This influx marks a pivotal moment for the cryptocurrency market, reflecting institutional validation and long-term investment strategies.