Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million

Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million
фото показано с : cryptoslate.com

2024-3-6 12:54

Quick Take

Data from BitMEX shows that on March 5, a staggering $648 million inflow was recorded into the US Bitcoin ETFs, which equates to approximately 10,238 BTC. This was the third biggest day in terms of net inflows since trading began. The principal driver was BlackRock IBIT, with a substantial inflow of $788 million, or another 12,447 BTC, increasing their total net inflows to an impressive $9.2 billion, roughly 183,000 BTC. The $788 million inflow by BlackRock represents the most substantial inflow ever recorded from an ETF provider.

ETF Data in dollars: (Source: BitMEX)

Fidelity’s FBTC also had a significant inflow of $126 million, pushing their total net inflows to $5.3 billion. Simultaneously, GBTC witnessed an outflow of $333 million, marking a continuation of decreasing outflows and suggesting a positive trend. Despite this, GBTC’s total outflows have hit $9.6 billion, according to BitMEX.

ETF Data in BTC: (Source: BitMEX)

Overall, the total net inflows for Bitcoin ETFs stand at an imposing $8.6 billion, the equivalent of 162,868 BTC.

The post Historical day for Bitcoin ETFs as BlackRock’s inflow hits a record $788 million appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 80132.78 (+0.22%)
Объем 24H $53.872b
Изменеия 24h: 2.16 %, 7d: 3.56 %
Cегодня L: $79753.89 - H: $80289.11
Капитализация $1604.54b Rank 1
Цена в час новости $ 66057.29 (21.31%)

million etfs inflow day bitcoin btc 238

Источник: cryptoslate.com

million etfs → Результатов: 64


Dutch-based Security Token Exchange Dusk Network Raises $1M From Bitfinex Parent, iFinex

Dusk Network, a Dutch-based startup set to launch a regulated security token exchange, has received $1 million in funding from Bitfinex’s parent, iFinex. The exchange, whose operational niche is tokenized assets including exchange-traded funds (ETFs), commodities, and equities are set for debut in 2021, according to sources who informed TheBlock.

2020-9-3 23:56


Фото:

Tron (TRX) Is Now Accessible to Over 2.2 Million Businesses and Users through CoinPayments

The mood and feel in the crypto-verse this Friday the 24th of August is one of optimism as the SEC announced that it was reviewing all 9 Bitcoin backed ETF denials. The nine ETFs by ProShares, Direxion, and GraniteShares were rejected yesterday due to concerns about volatility and lack of a ‘significant size’ markets to […] The post Tron (TRX) Is Now Accessible to Over 2.

2018-8-24 12:40


дальше еще 15 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

The metric that matters for the Lightning Network

The Lightning Network is a scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it’s essential to measure its health and efficiency accurately, so we can unlock its full potential.

How DePIN is disrupting Google, Amazon, and Nvidia

This year’s Bitcoin halving and subsequent drops in network activity have once again put pressure on miners’ profit margins. With block rewards cut in half and reduced revenue from transactions, many operations are desperate for creative ways to remain viable.

Data centers and crypto: Adapting for the future

The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. The steady Bitcoin trickle into the mainstream consciousness since 2009 mainnet launch had many cascading effects.

Why Ethereum’s next step is zero-knowledge

The following is a guest post by Rob Viglione, CEO of Horizen Labs. In the past year, there have been some major milestones along the Ethereum roadmap that have leveled up the network. EIP-4844 (aka Dencun) introduced blobs and proto-danksharding, making data storage an order of magnitude cheaper for Layer 2s and resulting in far […] The post Why Ethereum’s next step is zero-knowledge appeared first on CryptoSlate.

Crypto has become boring in 2024 while AI creates peak apathy for new tech

As we approach the end of 2024, the emerging tech landscape bears little resemblance to that of 2019. In just five years, the whirlwind of innovation that swept through decentralized finance, artificial intelligence, and blockchain technologies has transformed our digital world at a dizzying pace.

Balancing mass adoption and self-sovereignty in crypto ETFs

The following is a guest post by Jonathan Yark. The introduction of the Bitcoin and Ether ETFs mark a critical turning point for the digital asset industry, signifying crypto’s recognition as a legitimate asset class by traditional markets.