According to data from SoSoValue reported by COINOTAG on December 13, the Bitcoin spot ETF market witnessed significant activity on December 12, with a net inflow of US$598 million. Notably, the Grayscale Bitcoin Trust (GBTC) experienced a net outflow of US$48.4 million, bringing its cumulative historical outflow to an alarming US$20.9 billion. Conversely, the Grayscale Bitcoin Mini Trust ETF recorded a robust net inflow of US$111 million, pushing its total historical inflow to US$1.027 billion. The standout performer for the day was the BlackRock ETF (IBIT), which garnered an impressive net inflow of US$432 million, leading to a cumulative net inflow of US$35.49 billion. As of the latest figures, the combined net asset value of all Bitcoin spot ETFs reached US$112.5 billion, reflecting a market share ratio of 5.68% relative to the total Bitcoin market value, underscoring the growing significance of these investment vehicles.
Source: https://en.coinotag.com/breakingnews/massive-bitcoin-spot-etf-inflows-598-million-surge-highlights-market-trends/