2024-11-20 15:08 |
Bitcoin ETFs have attracted over $1 billion in inflows so far this week. Data from Nov. 18 shows total ETF inflows at $254.8 million, which surged to $816.4 million on Nov. 19.
On Nov. 19, ARK’s ARKB led with inflows of $267.3 million, followed by Fidelity’s FBTC with $256.1 million and BlackRock’s IBIT with $216.1 million. These figures represent substantial increases from the previous day, where IBIT and FBTC recorded inflows of $89.3 million and $60 million, respectively.
Bitcoin ETF flows (Source: Farside Investors)The surge coincides with Bitcoin reaching a new all-time high of $93,900 on Nov. 19.
Some ETFs, such as Invesco’s BTCO and Franklin’s EZBC, reported zero inflows on both days, indicating a concentration of investor preference toward certain funds. Grayscale’s GBTC also saw an uptick, with inflows rising from $5.8 million to $16.2 million between the two days.
The post Bitcoin ETFs record over $1 billion inflow in 2 days as new price peak boosts investments appeared first on CryptoSlate.
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