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Bitcoin ETFs attract inflows for 5 consecutive days, BlackRock nets $120 million in a single day
[Chain News] On December 2nd, spot Bitcoin ETFs attracted another wave of money—with a net inflow of about $58.5 million. This marks the fifth consecutive day of capital inflows.
Looking at individual performances: BlackRock’s IBIT led the pack, pulling in $120 million in a single day and firmly holding the top spot. On the other hand, ARK’s ARKB had a rough day, seeing an outflow of over $90 million—a stark contrast.
So how big is the entire spot Bitcoin ETF market now? It’s close to $119.6 billion, accounting for about 6.58% of BTC’s total market cap. This ratio isn’t extremely high, but it’s not low either. In any case, institutional capital is clearly making its presence felt more and more.