He owns the analytics account @lookonchain on the X social network Published data Regarding daily flows recorded by Bitcoin and Ethereum ETFs on January 7.

Fidelity was able to leave BlackRock behind with inflows into spot Bitcoin exchange-traded funds.

Fidelity wins by BTC but loses by ETH inflows

@lookonchain shared that on January 7, net inflows into spot Bitcoin ETFs accounted for an impressive $828.97 million worth 8,238 BTC. The largest inflow was absorbed by the Fidelity Wide Origin Bitcoin Fund (FBTC), which held 3,625 BTC equivalent to $364.8 million. This was the largest inflow of the day which even left behind BlackRock's IBIT with 2,047 BTC worth $200,756,454. BlackRock followed suit with the Ark 21Shares Bitcoin ETF (ARKB) and took in 1,495 BTC on January 7.

Fidelity managed to beat BlackRock by weekly net inflow as well, receiving 7,972 BTC versus IBIT's 955. Last week and earlier in December, BlackRock experienced two massive Bitcoin inflows — the largest since the creation of the ETF.

Currently, Fidelity owns 209,135 Bitcoin, equivalent to approximately $21.05 billion.

However, the BlackRock ETF attracted more Ethereum today, outpacing Fidelity's inflows and absorbing 33,618 ETH versus Fidelity's 1,250 ETH. The total inflow represents 33,780 Ethereum. BlackRock's ETF currently holds 1,114,423 ETH worth $4.05 billion.

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