The Crypto Roundup: 22 January 2024 | CryptoCompare.com

The spot Bitcoin exchange-traded funds (ETFs) that started trading earlier this month now collectively hold 95,000 BTC after just six full trading days, with their assets under management (AUM) now nearing $4 billion.

Market data shows that these ETFs have drawn in more capital than the outflows experienced by the Grayscale Bitcoin Trust (GBTC), which saw a $2.8 billion reduction in AUM.

Leading the pack are Fidelity’s FBTC and BlackRock’s iShares Bitcoin Trust (IBIT), with FBTC seeing a slight edge in inflows, and IBIT boasting a higher AUM of $1.4 billion, compared to Fidelity’s nearly $1.3 billion.

Invesco’s spot Bitcoin ETF ranks third, drawing in $63 million in inflows on January 19, while its assets under management sit below the $200 million mark. VanEck’s ETF also saw its highest inflow on the same day, pushing its total AUM over $100 million

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• Source: https://www.cryptocompare.com/email-updates/daily/2024/jan/22/