Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Data from Farside Investors showed that U.S. Bitcoin exchange-traded funds recorded net inflows of $457 million yesterday (December 17), indicating a return of investor interest after the previous wave of withdrawals.
The Fidelity Bitcoin ETF (FBTC) attracted $391 million in inflows, bringing its net asset value to approximately $12.4 billion.
By comparison, BlackRock (IBIT) attracted $111 million in inflows on the day.
On the other hand, Bitcoin funds under “Bitwise” and “ARK Invest” experienced share redemptions, partially limiting total flows.
These flows come after a significant recovery, as approximately $635 million was withdrawn in the first two days.
Despite the recent rebound, weekly tallies so far still show net outflows of around $177 million.
Also read:
Coinbase expands scope to include equities, derivatives and prediction market trading: Details
Bull market expected to last until 2026, Bitcoin approaches oversold levels
