Spot Bitcoin ETF flows have exceeded $3.19 billion

According to Eric Balchunas, a senior ETF analyst at Bloomberg, the flow of spot Bitcoin ETF has exceeded $3.19 billion, ranking third among broad-based index funds tracking the SP 500 and the total stock market ETF of Vanguard Group. According to YCharts, BlackRock's ETF flow ranks in the top 0.16% of ETFs compared to the current 3,109 ETFs traded in the United States. Balchunas' figure is slightly different, at 0.02%, which seems to measure the performance of BlackRock's ETF compared to an estimated 10,000 ETFs worldwide. Fidelity's Bitcoin fund also performed well, ranking eighth among ETF products in the United States with $2.51 billion. Currently, BlackRock and Fidelity's Bitcoin ETF rankings continue to climb, ranking eighth and tenth respectively at the end of January.