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Spot Bitcoin ETFs Reverse Outflows with $355 Million Inflows
Spot Bitcoin ETFs Experience Net Inflows
- Spot Bitcoin ETFs saw net inflows of $355 million, ending a seven-day outflow streak totaling $1.12 billion.
- BlackRock’s iShares Bitcoin Trust led with $143.75 million in inflows, followed by the Ark 21Shares Bitcoin ETF at $109.56 million, and Fidelity’s Wise Origin Bitcoin Fund with $78.59 million.
- Bitwise added $13.87 million, while Grayscale's Bitcoin Trust and VanEck's Bitcoin ETF had smaller contributions.
- Total outflows for December were $744 million as traders reduced exposure during the year-end slowdown.
- The return of inflows hints at investors slowly rebuilding positions.
- Metaplanet added $451 million worth of [Bitcoin](https://holder.io/coins/btc/) in Q4.
Liquidity Outlook Enhances Sentiment Across Crypto Funds
- Improving global liquidity conditions are linked to the shift in Spot Bitcoin ETFs flow.
- Arthur Hayes noted that dollar liquidity likely bottomed in November and has been improving, benefitting risk assets like digital currencies.
- Upcoming US Treasury bill purchases by the Federal Reserve, injecting over $8 billion, may further support markets.
- Spot [Ethereum](https://holder.io/coins/eth/) ETFs ended a four-day outflow streak with $67.8 million in net inflows.
- Spot [XRP](https://holder.io/coins/xrp/) ETFs continued their inflow streak for 30 days, adding $15 million.