BlackRock and Fidelity Bitcoin ETFs Shine: Top 10 in January Flows with $4.8 Billion Surge

In January, BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin ETF (FBTC) demonstrated their popularity by securing the eighth and tenth positions, respectively, among the ETFs with the largest flows. These two Bitcoin exchange-traded funds collectively amassed approximately $4.8 billion in net flows, with IBIT attracting an estimated $2.6 billion and FBTC securing $2.2 billion in net flows, as reported by Morningstar research analyst Lan Anh Tran on February 3. Interestingly, the data also revealed that the Grayscale Bitcoin Trust (GBTC) experienced the second-highest outflows among ETFs in January, with an estimated $5.7 billion exiting the fund during the month, signalling shifting trends in investor sentiment towards digital assets.