Spot ETFs in the US, which allowed Bitcoin to rise above $70,000 in just a few months, continue to gain value in the face of investors’ relentless demand. The products, which broke their own record by far with $1 billion on Tuesday, received a net inflow of $683 million yesterday.

BlackRock ranks 1st

BlackRock was the company that received the most investment in ETFs. The IBIT product closed yesterday with a net $586 million. Fidelity, in second place, received an investment of $281 million. In third place was ARK Invest with $44 million. BlackRock holds more than $12 billion in Bitcoin in total.

$276 million sell-off from Grayscale

Grayscale, which has sold more than $11 billion since 11 January, when ETFs were approved, saw an outflow of $276 million yesterday. The company still holds $28 billion in Bitcoin. Although this value increases with the surge in the price of Bitcoin, the number in Grayscale’s hands continues to decline day by day. For the company, which had more than 500 thousand Bitcoins when ETFs were approved, this figure has fallen below 390 thousand…

For the first time, $60 billion was exceeded

On the other hand, the value of Bitcoins held by ETF issuers exceeded the $60 billion threshold for the first time and reached $60.9 billion. The total number of BTC held corresponds to 4.24% of the Bitcoin supply.

Bitcoin is trading at $72,950 in the minutes the news was written.