US Bitcoin Spot ETF Sees Massive $975 Million Inflow: BlackRock and Fidelity Lead the Charge

According to recent data from Farside Investors, January 18th marked a significant milestone in the cryptocurrency market, with a robust net inflow of $975 million into US Bitcoin spot ETFs. This surge highlights a growing institutional interest in Bitcoin as a viable investment vehicle. Notably, BlackRock’s IBIT ETF led the charge, attracting $375.9 million, followed closely by Fidelity’s FBTC with $326.3 million. Additional contributions came from Bitwise BITB at $208.1 million, and ProShares BTCO, which drew $6.3 million. Other significant players included VanEck HODL with $11.9 million, WisdomTree BTCW at $4.5 million, Grayscale GBTC with $20.8 million, and Grayscale Bitcoin Mini BTC, which secured $21.8 million. This influx underscores the resilience of Bitcoin within the financial landscape.