Tomasz Tunguz blog · 2024-02-16
· 839d
Bitcoin ETF Inflows Rival Major Tech IPOs in Historic First Month
Bitcoin spot ETFs launched on January 12, 2024, accumulated $4.6 billion in inflows within one month, with $2 billion raised in the first three days alone. This capital accumulation rivals or exceeds most major technology IPOs in history, including Twitter, Airbnb, and Snowflake, demonstrating unprecedented institutional interest in cryptocurrency investment vehicles.
Metrics in this report
Bitcoin ETF 1-Month Inflows
4600$M
cumulative
Bitcoin spot ETF since January 12, 2024
Bitcoin ETF 3-Day Inflows
2000$M
cumulative
Bitcoin spot ETF launch period
Bitcoin ETF Day 1 Inflows
655$M
single day
Bitcoin spot ETF launch
Facebook IPO Capital Raised
16.0$B
single event
May 2012 technology IPO
Twitter IPO Capital Raised
2.1$B
single event
November 2013 technology IPO
Uber IPO Capital Raised
8.1$B
single event
May 2019 technology IPO