By: Nisha Kumari
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Jan 12, 2024
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Eric Balchunas, Bloomberg senior analyst, shared his views that it is a good sign to see 4 issuers over $100m.
IBIT: $1009.2m FBTC: $673m ARKB: $275.6m BITB: $120.3m
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Spot total: $4326.8m Spot Total ex GBTC: $6201m
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IBIT’s annual fee is 0.25%, with a reduced rate of 0.12% applicable for the initial 12 months on assets up to $5 billion.
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Valkyrie Bitcoin Fund, WisdomTree Bitcoin Fund, and the Hashdex Bitcoin Futures ETF recorded below $10 million.
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Trading value: $45,865.05 Market capitalization: $899b
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