BlackRock’s IBIT leads $224M inflows for Bitcoin spot ETFs on Dec 10
Summary
US-listed spot Bitcoin exchange-traded funds (ETFs) attracted $224 million in net inflows on December 10, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) was the top performer, securing $193 million in inflows, which brought its total net inflows to $62.6 billion. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $30.6 million in inflows. This continued the trend of net inflows from the previous day ($152 million), demonstrating resilient investor demand even as Bitcoin pulled back from above $94,000 following the Federal Reserve's rate cut announcement. At the time of reporting, Bitcoin was trading above $90,000.
(Source:Crypto Briefing)