Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak
The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
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The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
Blackrock’s IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager’s gold fund.
The bumper inflow day came despite BlackRock’s leading fund, ETHA, showing a net zero flow.
BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States.
Some analysts expect Bitcoin’s price to surge following Donald Trump’s Nov. 5 election win.
The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history.
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. […]
The $254 million inflow day was the third-largest ever on days when BlackRock’s IBIT failed to contribute.
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
