Daily inflows into spot bitcoin ETFs hit $987m

As bitcoin climbed back above $100,000, net inflows into spot bitcoin ETFs on January 6 reached $987 million, a new high since late November.

Positive momentum has held for a second consecutive day and is strengthening.

Fidelity’s FBTC accounted for $370 million of the total; BlackRock’s IBIT drew $209 million. Assets under management (AUM) stand at $116.67 billion.

Over the same period, net inflows into Ethereum-based counterparts came to $129 million (with $124 million into BlackRock’s ETHA).

AUM for ETH-ETF providers totals $13.47 billion. 

Earlier, MN Trading founder Michaël van de Poppe predicted that Ethereum would outperform bitcoin in January.