Donald Trump

Bitcoin

Billion

BlackRock

As the probability of Donald Trump winning the US presidential election continues to rise in Polymarket, Bitcoin is also reacting positively to the situation.
As BTC rose above $68,000 in the face of Trump's rising rates, interest in ETFs has also increased and inflows continue to occur.
<h2 id="bitcoin-and-ethereum-etfs-are-seeing-inflows">Bitcoin and Ethereum ETFs Are Seeing Inflows!</h2>
According to Farside Investors data, yesterday, October 16, there was a total net inflow of $458.5 million into spot Bitcoin spot ETFs.
Since Friday until yesterday (October 16 inclusive), net money inflows into spot Bitcoin ETFs totaled $1.639 billion, with the total inflows of nine BTC ETFs exceeding $20 billion for the first time since their launch.
With the latest inflows, Bitcoin ETFs saw net inflows for 4 consecutive days, with the largest inflow being to BlackRock ETF IBIT. While BlackRock ETF saw an inflow of $393 million, Fidelity ETF FBTC saw an inflow of $14.8 million.
Looking at other ETFs, Bitwise (BITB) saw $12.9 million in inflows; Ark Invest (ARKB) saw $11.5 million and Franklin Templeton (EZBC) saw $11.8 million.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Bitcoin ETF Flow (US$ million) – 2024-10-16
 TOTAL NET FLOW: 458.5
 IBIT: 393.4 FBTC: 14.8 BITB: 12.9 ARKB: 11.5 BTCO: 6.4 EZBC: 11.8 BRRR: 1.9 HODL: 5.8 BTCW: 0 GBTC: 0 BTC: 0
 For all the data &amp; disclaimers visit:<a href="https://t.co/Wg6Qpn0Pqw" rel="noopener noreferrer nofollow">https://t.co/Wg6Qpn0Pqw</a>
 — Farside Investors (@FarsideUK) <a href="https://twitter.com/FarsideUK/status/1846760063253266571?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Spot Ethereum ETFs also experienced one of the highest inflows in recent days, seeing a net inflow of $24.2 million on October 16.
BlackRock, which made a significant difference to its competitors in Bitcoin ETFs, ranked first in Ethereum. Accordingly, BlackRock experienced an inflow of $ 11.9 million, while only two ETFs other than BlackRock experienced inflows.
Apart from BlackRock's ETHA, Fidelity ETF FETH and VanEck ETF ETHV saw inflows. Other ETFs saw 0 inflows.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/donald-trump-also-positively-impacted-bitcoin-etfs-inflows-exceeded-1-6-billion-in-four-days-here-are-the-details/" rel="noopener noreferrer nofollow">Donald Trump Also Positively Impacted Bitcoin ETFs: Inflows Exceeded $1.6 Billion in Four Days! Here Are the Details!</a>

Donald Trump Also Positively Impacted Bitcoin ETFs: Inflows Exceeded $1.6 Billion in Four Days! Here Are the Details!

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