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.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95094.85 (-1.06%)
Объем 24H $69.802b
Изменеия 24h: -1.45 %, 7d: 1.28 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1879.023b Rank 1
Цена в час новости $ 66057.29 (43.96%)

million etfs inflow day bitcoin btc 238

million etfs → Результатов: 64


Spot Bitcoin ETFs Record Over $800 Million In Net Inflows in Debut Week – Details

On Wednesday, January 10, the US Securities and Exchange Commission (SEC) finally approved the launch of spot Bitcoin ETFs, representing a remarkable event in US trading history.   So far, market data on these investment funds have confirmed theories of increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.

2024-1-15 14:10


Фото:

Inflows into crypto investment products reach highest level in 15 months

Inflows into crypto investment products rose to a 15-month high amid the recent optimism surrounding the anticipated approval spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U. S. In its latest weekly report, CoinShares revealed that crypto investment products recorded an inflow of $326 million last week, its largest since July 2022.

2023-10-31 20:50


Ethereum futures ETFs launch to tepid demand; Bitcoin and Solana remain favored investment products

Ethereum (ETH) investment products struggled to record notable inflow despite the recent launch of several Ether futures-based exchange-traded funds (ETF) last week. According to CoinShares’ latest weekly report, these ETFs’ attraction of a meager sum of $10 million underscores the “tepid appetite” for Ethereum among investors.

2023-10-10 18:10