Markets remained open on December 26, and the U.S. Bitcoin ETFs saw inflows rebounding after two consecutive days of outflows leading into Christmas. On Thursday, the momentum shifted, with $475.15 million flowing into various funds.
Among the notable inflows:
- Fidelity’s Bitcoin ETF (FBTC) led the way with $254.37 million.
- Ark Invest’s ARKB followed with $186.94 million.
- BlackRock’s IBIT gained $56.51 million.
- Grayscale’s GBTC saw $7.19 million of inflows.
- VanEck’s HODL ETF brought in $2.70 million.
However, not all funds shared in the positive momentum. Grayscale’s GBTC recorded $24.23 million in outflows, despite its earlier inflows, and Bitwise’s BITB saw outflows of $8.32 million.
Bitcoin’s price has been slightly on the rise in the past 24 hours. As of now, Bitcoin is trading at $95,900 based on CoinMarketCap data.
Analysts have pointed out that this pattern of outflows followed by a rebound is not unusual during the holiday season. Many believe the trends echo previous years, and some suggest that Bitcoin could be gearing up for an upward move in the coming months.
Stay tuned as we continue tracking Bitcoin ETF inflows and outflows daily at HowToBuyBitcoin.org.