Spot Bitcoin ETFs Gain Traction in US Market
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) have made a significant impact in the US market, ranking among the top 20 ETFs with the highest assets under management (AUM) just one year after their launch.
Top Performers
- BlackRock’s spot Bitcoin ETF IBIT leads the pack with over $52 billion in AUM, making it the best performer among Bitcoin ETFs and all other nearly 4,000 exchange-traded funds.
- Fidelity’s Bitcoin ETF FBTC secures fourth place with nearly $20 billion in AUM.
- ARKB, managed by 21shares and ARK Invest, holds the 16th spot with $4.4 billion in AUM.
- Bitwise’s BITB wraps up the top 20 with approximately $4 billion in AUM.
Global Impact
The two largest spot Bitcoin ETFs, IBIT and FBTC, represent over 4% of the global $1.14 trillion flows. These funds have outperformed traditional finance giants in terms of net flows.
Surpassing Gold ETFs
Bitcoin ETFs have surpassed gold ETFs in their first year, registering over $37 billion in inflows compared to gold ETFs’ $2.5 billion. In mid-December, the cumulative AUM of all Bitcoin ETFs exceeded that of gold ETFs.
Continued Growth
Despite minor outflows, US-traded spot Bitcoin ETFs continue to attract positive net flows, showcasing sustained growth and investor interest in the cryptocurrency market.
