Investors are piling into funds that seek to amplify the daily return of MicroStrategy shares, but the ETFs haven’t been working as intended in recent days.

However, the Chinese ETFs have seen a series of outflows, amounting to $2 billion worth of withdrawals. The Bitcoin rally helped elevate the spot ETF market, especially with Bitcoin close to reaching $100000.

With Bitcoin ETFs' popularity rising, investors should compare the fees and costs of the many new options now available.

According to Farside Investors data, BlackRock pulled in the largest inflows, at more than $608 million, followed by Fidelity Wise Origin Bitcoin Fund with $301 million, and the Bitwise Bitcoin ETF with $68 million. In comparison, the ARK 21Shares Bitcoin ETF brought in just $17.2 million, while Franklin Bitcoin ETF lagged behind with $5.7 million.

Bitcoin came within striking distance of the historic $100,000 mark, reaching $99,645 on November 22. However, the cryptocurrency has since shown signs of hesitation, struggling to push past this milestone.