U.S.-listed spot bitcoin ETFs have seen a dramatic 175% increase in net inflows year-over-year. From January 13 to February 5, 2025, these ETFs recorded $4.4 billion in net inflows, compared to $1.6 billion in the same period of 2024. The total net inflows for all 11 spot BTC ETFs have reached $40.6 billion, despite Grayscale GBTC experiencing outflows of $21.9 billion. BlackRock iShares Trust (IBIT) alone has seen $40.7 billion in net inflows. This surge suggests a strong investor interest in Bitcoin, not primarily driven by basis trading, as open interest at the Chicago Mercantile Exchange (CME) has declined from 180,099 BTC to 168,549 BTC year-to-date.
Source: www.coindesk.com















