Bitcoin ETF

Bitcoin

Grayscale Bitcoin Trust

On October 2, cumulative inflows into Bitcoin ETFs surpassed the $47 billion mark, driven primarily by gains in iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBTC), Fidelity Wise Origin Bitcoin Fund (FBTC), and ARK 21Shares Bitcoin ETF (ARKB). 
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 Source: <a href="https://www.coinglass.com/bitcoin-etf" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>
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At the time of writing, the total market capitalization of Bitcoin ETFs stands at approximately $59.03 billion, with a total AUM (Assets Under Management) of $50.39 billion, according to <a href="https://www.coinglass.com/bitcoin-etf" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>.&nbsp; 
IBIT’s price is around $35.13, with a total market cap of approximately $22.55 billion, a turnover rate of 6.89%, and an expense ratio of 0.25%, making it the largest Bitcoin ETF. 
On the other hand, GBTC is priced at about $49.12, with a market capitalization near $13.65 billion, a turnover rate of 1.5%, and an expense ratio of 1.5%.&nbsp; 
As the Israel-Iran conflict has intensified after Iran’s ballistic missile attack on Israel, Bitcoin price is feared to slip below $60,000 after a 6.05% drop in its value. At the time of writing, Bitcoin’s price revolves around $61,205.43 with around a 4% drop in the last 24 hours, with a total market cap of $1.2 billion. 
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Bitcoin ETFs’ Total Inflows Surpass the $50 Billion Mark

The Crypto Times

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