BlackRock ETF ends year with 4th outflow of the month amid quiet day

Bitcoin spot ETFs posted $5.32 million in net inflows on Dec. 31, according to Farside Investors. Fidelity led with $36.8 million in inflows, while Bitwise followed at $8.7 million.

BlackRock recorded $23.5 million in outflows, bringing the total number of outflow days in December to four. Ark shed $11.2 million, Grayscale saw a $9.6 million exit, and Grayscale’s mini-BTC ETF saw $4.1 million in inflows. Industry-wide flows settled at $5.3 million after offsetting movements across these products.

Bitcoin ETF flows (Source: Sosovalue)
Bitcoin ETF flows (Source: Sosovalue)

As the year closed out, cumulative net inflows for 2024 reached $35.24 billion, the total value traded stood at $2.25 billion, and total net assets were $105.4 billion. Spot Bitcoin ETFs launched in January 2024, with BlackRock and Fidelity’s funds breaking records as two of the most successful new ETF launches in history.

The post BlackRock ETF ends year with 4th outflow of the month amid quiet day appeared first on CryptoSlate.

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