HODL

United

Galaxy

BlackRock's <a href="https://optimisus.com/news/11-us-spot-bitcoin-etfs-accumulate-over-17-billion/" rel="noopener noreferrer nofollow">bitcoin exchange-traded fund (ETF)</a>, IBIT, received a net inflow of $527 million, which is the highest daily amount since mid-March. Ten bitcoin exchange-traded funds (ETFs) in the United States, excluding Bitwise's BITB, saw a total net inflow of $533.57 million.  
Among them, BlackRock's IBIT was the most actively traded. Fidelity's FBTC came in second with a total of $23.72 million. The BTCO fund, overseen by Invesco and Galaxy Digital, attracted contributions totaling $13.65 million, whereas Franklin Templeton's fund saw inflows of $7.87 million.  
The HODL fund managed by VanEck had a net outflow of $38.37 million. Since obtaining approval in January, U.S. spot bitcoin exchange-traded funds (ETFs) have attracted $17.59 billion in net inflows, leading to a combined market capitalization exceeding $62 billion.  
According to Bloomberg analyst Eric Balchunas, <a href="https://optimisus.com/news/crypto-news/grayscale-moves-1-billion-in-ethereum-to-coinbase-prime-ahead-of-the-us-etf-launch/" rel="noopener noreferrer nofollow">Ethereum ETFs</a> situated in advantageous locations can attract significant investments. Balchunas predicts that these funds may potentially account for 10 to 15% of the total assets held by spot bitcoin ETFs. 
The post <a href="https://optimisus.com/news/crypto-news/blackrocks-spot-bitcoin-etf-sees-a-record-527-million-inflow/" rel="noopener noreferrer nofollow">BlackRock’s spot bitcoin ETF sees over $520 million inflow</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

BlackRock’s spot bitcoin ETF sees over $520 million inflow

Optimisus

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