Bitcoin ETFs Now Hold 1 Million BTC As Investors Pour Record-Breaking $872 Million Into BlackRock’s IBIT

Bitcoin ETFs Now Hold 1 Million BTC As Investors Pour Record-Breaking $872 Million Into BlackRock’s IBIT
фото показано с : zycrypto.com

2024-11-1 22:03

With just days until the United States presidential election, Bitcoin investors’ bullishness continues — putting over $870 million more into BlackRock’s spot BTC exchange-traded fund, the iShares Bitcoin Trust (IBIT). This marked the highest inflow day for IBIT since its debut in mid-January this year.

Monster Day For BlackRock’s Bitcoin ETF

BlackRock’s iShares Bitcoin Trust was the leader of the pack on Wednesday, with a mammoth $872 million net inflow. The figure has exceeded the fund’s previous high of $849 million posted on March 12, according to data tracked by Sosovalue. It also marked the 13th straight inflow day for IBIT.

Six other spot BTC ETFs also recorded inflows on Oct. 30, with $12.57 million entering Fidelity’s FBTC. Ark Invest and 21Shares’ ARKB, VanEck’s HODL, and Invesco’s BTCO each witnessed modest net inflows of less than $9 million. Bitwise’s BITB was the only fund with net outflows, shedding $23.9 million in investor money. In total, investors pumped $893.2 million into the 11 spot Bitcoin ETFs — marking their second-biggest tally in history.

Wednesday’s inflows brought the 11 Bitcoin ETFs’ cumulative net inflows since their introduction on January 11 to $24.18 billion, Farside data shows.

Meanwhile, Ethereum funds were not enjoying the same momentum, with zero flows for BlackRock’s iShares Ethereum Trust ETF (ETHA) and minor flows for Fidelity Ethereum Fund (FETH).

Bitcoin ETFs Racing To Overtake Satoshi

Bloomberg’s senior ETF analyst Eric Balchunas noted in a post on X that the “Herculean” inflows into BlackRock’s IBIT likely propelled the number of Bitcoins held by the U.S. spot ETFs above the 1 million BTC milestone (valued at over $71.6 billion) ahead of schedule.

“Pretty apropos that the biggest daily inflow ever for $IBIT is what pushed the US spot ETFs over the 1 million Bitcoin held mark,” posited Balchunas.

He believes that the spot Bitcoin ETFs are on track to become the world’s largest Bitcoin holders as soon as this November, usurping the estimated 1.1 million BTC held by Bitcoin’s enigmatic inventor, Satoshi Nakamoto.

The Bloomberg analyst also observed that BTC ETF buying “started mostly retail” but has become increasingly institutional, with institutional shares of spot ETFs likely to hit within a year.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69516.94 (+0.18%)
Объем 24H $44.559b
Изменеия 24h: -3.81 %, 7d: 2.69 %
Cегодня L: $69172.35 - H: $70373.22
Капитализация $1374.773b Rank 1
Цена в час новости $ 69227.32 (0.42%)

investors blackrock btc million bitcoin presidential election

investors blackrock → Результатов: 123


Fidelity вышла в лидеры рынка эфир-ETF по притоку средств от юрлиц

Согласно обозревателю Farside Investors, биржевой фонд на эфир управляющей компании Fidelity получил преимущество на спотовом рынке институциональных клиентов, обойдя всех конкурентов, включая BlackRock и Grayscale.

2024-10-30 14:45


BlackRock ETF зафиксировал дневной приток $290 млн на фоне ралли биткоина

Во вторник, 21 мая, биткоин-ETF компании BlackRock зафиксировал приток средств в размере $290 млн — это больше, чем в сумме за последний 21 торговый день. Приток в биржевой фонд BlackRock iShares Bitcoin Trust (IBIT) составил 95% от общего поступления средств в спотовые биткоин-ETF в США за день, согласно данным британской инвестиционной компании Farside Investors.

2024-5-23 14:30


Начался отток средств из биткоин-ETF компании BlackRock. Насколько это драматично?

Зарегистрирован рекордный отток средств из спотовых биткоин-ETF Соединенных Штатов, при этом для фонда BlackRock iShares Bitcoin Trust (IBIT) это первый в истории день оттока средств. 1 мая из фонда BlackRock утекло $36,9 млн, по данным Farside Investors.

2024-5-3 13:12


Фото:

Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows

Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF experienced its second consecutive day of zero flows, while Fidelity’s FBTC saw its first daily net outflow, totaling $23 million.

2024-4-26 13:20


Фото:

Memecoin donations pour in for BlackRock $100 million token fund partnered with Coinbase

Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month.

2024-3-21 12:24