BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin ETF landed eighth and tenth place among all ETFs in January by largest flows.
BlackRock and Fidelity’s spot Bitcoin (BTC) exchange-traded funds (ETFs) have made it among ETFs with the largest January flows, totaling around $4.8 million.
BlackRock’s iShares Bitcoin Trust (IBIT) had an estimated $2.6 billion in net flows, reaching eight place, while the Fidelity Wise Origin Bitcoin ETF (FBTC) landed tenth place with $2.2 billion in net flows, per a Feb. 3 report from Morningstar research analyst Lan Anh Tran using data approximated from the issuers’ websites.
The data also showed the Grayscale Bitcoin Trust (GBTC) had the second highest outflows among ETFs in January, with $5.7 billion estimated to have net exited the fund over the month.
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Source: https://cointelegraph.com/news/blackrock-fidelity-bitcoin-etfs-top-10-for-january-flows-morningstar