$479M Spot Bitcoin ETF Inflows Fuel Eight-Day Streak on Dec 9

Key Points:

• Spot Bitcoin ETF inflows hit $479M on Dec 9, 8 days straight positive.
• BlackRock’s IBIT leads $394M daily, with $34.76B total inflows.
• Currently, the Total ETF value is at $107.67B (5.65% of the Bitcoin market cap).

Spot Bitcoin ETFs saw $479M inflow on Dec 9, marking 8 straight days of gains. BlackRock’s IBIT led with $394M inflow. Total ETF assets reach $107.67B, representing 5.65% of Bitcoin’s market value.

According to SoSoValue data, Spot Bitcoin ETFs recorded a total net inflow of $479 million on December 9.

Spot Bitcoin ETF Inflows on December 9

Among all Spot Bitcoin ETFs, BlackRock’s IBIT became the top winner, with an extraordinary net inflow of US$394 million within a day. The ETF’s historical total net inflow has now reached $34.76 billion.

Following closely, Fidelity’s FBTC attracted $175 million in net inflows, bringing its historical total net inflow to $11.89 billion.

While Grayscale’s Bitcoin Mini Trust ETF BTC saw a positive net inflow of $7.25 million, with total net inflows reaching $894 million, the main Grayscale ETF GBTC experienced a net outflow of $24.44 million, pushing its historical net outflow to $20.85 billion.

Read more: Ethereum Spot ETF Inflows Hit $837M Weekly Record High

ETF Market Value Updates

As of this writing, spot Bitcoin ETFs’ total net asset value stands at $107.67 billion, representing 5.65% of Bitcoin’s total market value. The cumulative historical net inflow has reached $33.91 billion.

Previously, CoinCu reported that Spot Ethereum ETFs received $837 million between December 2 and 6. BlackRock’s ETHA led and benchmarked funds with $573 million. According to Sosovalue, ten days of healthy inflows have proven Ethereum ETFs’ durability and appeal for diverse investment portfolios.