Bitwise CEO Hunter Horsley announced on social media that the asset management scale of Bitwise Bitcoin Spot ETF (BITB) has exceeded $700 million.

According to BitMEX Research data, the total net inflow of US Bitcoin spot ETFs yesterday was $145 million.

BlackRock has updated its holdings data for its Bitcoin ETF, showing that as of February 6th, the number of Bitcoins held by IBIT reached 76,750.739 BTC (an increase of about 4,284 BTC from the previous day), with a market value of $3,310,719,877.54. In addition, as of February 6th, the number of IBIT's circulating shares has risen to 132,880,000.

The Block's research analyst Rebecca Stevens posted on X platform stating that data shows that since the launch of the spot Bitcoin ETF, GBTC has gradually lost its dominant position in trading volume. Initially, GBTC accounted for more than half of the daily trading volume of ETFs, but now only accounts for about 30%, and was surpassed by IBIT last week. Previously, according to Bloomberg Intelligence data, as of the close of the US stock market on February 1, the daily trading volume of BlackRock's spot Bitcoin ETF (IBIT) exceeded GBTC for the first time, with IBIT slightly higher than $300 million and GBTC around $290 million.

According to BitMEX data, the US Bitcoin spot ETF had a net inflow of 33 million US dollars on February 6th.

According to BitMEX Research data monitoring on February 6th, on February 5th, the net inflow of Bitcoin spot ETF was $68 million. Among them, IBIT, a subsidiary of BlackRock, had a net inflow of $137.3 million.

GrayScale CEO Michael Sonnenshein wrote on X platform: Looking ahead, I believe it is more important than ever for the cryptocurrency and ETF communities to advocate for the development of a strong options market for spot bitcoin ETFs. While GBTC has been on the public market since 2015, it has never been accompanied by options trading, as they are not a feature of the OTC market. The New York Stock Exchange (NYSE) and other national exchanges have recently submitted Form 19b-4 to modify listing standards to allow commodity-based ETF options trading, including spot bitcoin ETFs like GBTC."

According to the latest report from the Financial Times, some spot Bitcoin ETF issuers, including BlackRock, Fidelity, Grayscale, Invesco, and Bitwise, have started advertising on Google and launched an online advertising "lightning war" to increase their marketing efforts and participate in a cost war. However, Google currently refuses to disclose any spending data on Bitcoin ETF advertising.

According to data from The Block, as of February 2nd, the cumulative trading volume of US Bitcoin ETFs has exceeded $30 billion. Earlier reports from BitMEX Research showed that within 17 trading days after the launch of the US Bitcoin ETF, there was a net inflow of 32,002.7 BTC, equivalent to approximately $1.459 billion.

According to Lee Bok-hyun, the chairman of the Financial Supervisory Service (FSS) in South Korea, he is expected to visit the United States this year and meet with Gary Gensler, the chairman of the SEC, to discuss virtual assets (cryptocurrencies), including Bitcoin spot ETFs. <br>