Bitcoin ETFs ranked in the top 10 funds for capital inflows in January
At the end of January 2024, two Bitcoin ETFs were among the top 10 exchange-traded funds traded in the United States in terms of capital inflows.
The iShares Bitcoin Trust (IBIT), developed by BlackRock, attracted investments in the amount of $2.6 billion and ranked eighth in this indicator. Fidelity's Fidelity Wise Origin Bitcoin ETF (FBTC) rounded out the top ten with $2.2 billion in assets received.
However, as of the end of January, the capitalization levels of IBIT and FBTC were $2.7 billion and $2.3 billion, respectively. The difference of $100 million is apparently due to the fact that the issuers sold seed shares of derivatives that were not taken into account when estimating the volume of invested funds.
