Bitcoin ETFs have been doing very well, with BlackRock’s IBIT having the most inflows at over $600 million, followed by Fidelity’s FBTC with $301 million. Since launching in January, the 12 spot Bitcoin ETFs have brought in a combined $30.35 billion. Bitcoin climbed to the $100k mark on November 22, continuing its bull run and driving inflows into these ETFs.
These ETFs are becoming a main way for investors to hold Bitcoin, with US Bitcoin ETFs hitting $100 billion in assets. Ethereum, Solana, and XRP have also seen increases in value over the past week.