Recently, after the launch of Bitcoin spot exchange-traded funds (ETFs), an analysis has identified the top performers and underperformers in the sector. The iShares Bitcoin ETF by Blackrock has emerged as the most successful thus far. Earlier this month, the US Securities and Exchange Commission granted approval for the long-awaited Bitcoin spot exchange-traded funds. BTC spot ETFs provide investors with the opportunity to participate in the price fluctuations of the cryptocurrency without having to directly own the asset. With a spot ETF, traders can obtain exposure to the asset’s price without possessing the cryptocurrency itself. ETFs are exchanged on conventional stock markets, which might make them more attractive to conventional investors. Further Insight: Stablecoins See $4 Billion Inflow: Implications for Bitcoin. For certain investors, the complexity of understanding how to use cryptocurrency exchanges and manage wallets might act as an obstacle to entering the market. Nonetheless, even traders who prefer exchange-traded funds (ETFs) should have the opportunity to invest in the asset. Overall, on January 11th, 11 Bitcoin spot ETFs that received approval from the SEC commenced trading. In a brief update, Maartunn, who manages the community for CryptoQuant in the Netherlands, analyzed the performance of different spot ETFs within their initial four days on the market. Below is a graphic representation of the aggregate investments made in these ETFs during their early trading period. The accompanying information regarding the capital inflows experienced by the ETFs shortly after their launch is sourced from CryptoQuant. The graph illustrates that within its initial four days on the market, the Blackrock-administered iShares Bitcoin Trust ($IBIT) attracted more than $1 billion in investment, surpassing all other spot exchange-traded funds in that regard. In second place, Fidelity’s $FBTC accumulated approximately $884 million in inflows.