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HomeEthereumBlackRock's IBIT leads $224M inflows for Bitcoin spot ETFs on Dec 10

BlackRock’s IBIT leads $224M inflows for Bitcoin spot ETFs on Dec 10

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Key Takeaways

  • Spot Bitcoin ETFs attracted $224 million in net inflows on Dec 10.
  • BlackRock’s IBIT led the inflows with $193 million.

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US-listed spot Bitcoin exchange-traded funds attracted $224 million in net inflows on Dec 10, according to Farside Investors data.

BlackRock’s iShares Bitcoin Trust (IBIT) led the group with $193 million, bringing its total net inflows to $62.6 billion. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $30.6 million in inflows.

Bitcoin ETFs continued to post net inflows on Wednesday after taking in roughly $152 million the previous day. The resilient demand came despite Bitcoin pulling back from above $94,000 after the Fed announced a rate cut.

Bitcoin was trading above $90,000 at press time, down 2% in the last 24 hours, per CoinGecko.

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