Bitcoin ETFs see $505 million total inflows led by BlackRock as VanEck breaks record

Bitcoin ETFs see $505 million total inflows led by BlackRock as VanEck breaks record
фото показано с : cryptoslate.com

2024-3-12 15:34

Bitcoin ETF inflows surged on March 11, 2024, with a net gain of $505.5 million, according to data from Bitmex Research. The strong performance was led by BlackRock’s iShares Bitcoin ETF (IBIT), which saw inflows of $562.9 million, representing a 0.12% increase in total assets. Fidelity’s FBTC fund also contributed to the positive momentum, attracting $215.5 million in new investments.

Other notable Newborn Nine ETFs with inflows included Bitwise’s BITB fund ($49.8 million), ARK Invest’s ARKB fund ($13.0 million), and VanEck’s BRRR fund ($118.8 million). VanEck’s announcement to waive fees until 2025 led to its strongest day by far. Previously, the fund had not seen more than $14.2 million in a single day. However, not all Newborn Nine funds experienced gains, with Invesco’s BTCO ETF reporting an outflow of $9.7 million.

Further, Grayscale continued its outflows, with $494 million leaving the fund, the highest level since Feb. 29. Yet, the inflows into Newborn Nine ETFs significantly outweighed the Grayscale outflow for the sixth consecutive day. Only two days since Jan. 26 have total outflows surpassed inflows.

Bitmex Research ETF flow data

In terms of Bitcoin, the net inflow amounted to 7,009 BTC, with BlackRock’s IBIT fund accounting for 7,805 BTC of the total. Fidelity’s FBTC fund added 2,988 BTC, while Bitwise’s BITB fund saw an inflow of 690 BTC. ARK Invest’s ARKB fund and VanEck’s BRRR fund gained 180 BTC and 1,648 BTC, respectively.

Bitmex Research ETF flow data

The strong performance of Bitcoin ETFs on March 11, 2024, affirms the growing interest in Bitcoin investments among institutional and retail investors alike.

The post Bitcoin ETFs see $505 million total inflows led by BlackRock as VanEck breaks record appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 64810.09 (-0.32%)
Объем 24H $22.968b
Изменеия 24h: -1.68 %, 7d: 0.54 %
Cегодня L: $64796.13 - H: $66269.36
Капитализация $1300.103b Rank 1
Цена в час новости $ 71456.49 (-9.3%)

inflows bitcoin blackrock etf led 505 million

Источник: cryptoslate.com

inflows bitcoin → Результатов: 126


Bitcoin ETFs see over $450M in inflows as BTC hovers near $87K ahead of inflation data

Spot Bitcoin exchange-traded funds recorded a sharp rebound in investor interest on Wednesday, pulling in $457 million in net inflows, the strongest single-day intake in more than a month. The surge suggests institutional demand may be stabilising after a volatile stretch marked by alternating inflows and outflows through November and early December. Date IBIT (BlackRock) […]

2025-12-18 13:23


Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report

Bitcoin ETFs ended last week on another positive note with $997. 70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side.

2024-10-28 22:30


Фото:

Only 1% of Institutional Money Needed to Boost Bitcoin Beyond $50,000 – Messari

New York-based research firm Messari has released a new report exploring the possibility of redirecting a mere 1% of all institutional money away from traditional assets and into Bitcoin. According to Messari analyst, Ryan Watkins, the scenario could lead to inflows worth hundreds of billions of dollars, pushing Bitcoin prices well beyond $50,000.

2020-6-26 18:05


Фото:

Here’s Why the PayPal News May Signal a Global Bitcoin “Hash War” is Looming

The crypto sphere was lit ablaze by news that PayPal and Venmo are both looking to roll out direct crypto trading capabilities to their users This comes as their competitor, CashApp, sees massive revenue inflows from its Bitcoin sales This is certainly a sign of growing retail adoption, and will place Bitcoin in front of the platform’s 325 million users scattered across the globe One prominent Bitcoin advocate is now noting that this marks the […]

2020-6-24 02:00


Фото:

Grayscale Director: Smart Money is Flooding into Crypto at Remarkable Rate

The widespread money printing that has come about as a result of the Coronavirus pandemic will eventually lead to massive inflation rates for fiat currencies Although the crypto market’s participants have long seen digital currencies as a way to escape the impacts of this, it now appears that “smart money” is taking notice as well The managing director for Grayscale Investments is now noting that his company’s regulated crypto funds are seeing unprecedented inflows Bitcoin […]

2020-5-21 21:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru