Bitcoin ETF

Bitcoin

Gold

The demand for Bitcoin ETFs in the U.S. has continued to rise, with BlackRock’s IBIT fund leading the way. The surge in ETF investments has surpassed $22.5 billion, further cementing Bitcoin’s position as a key investment vehicle for those seeking exposure to the cryptocurrency market. Additionally, Quantity Funds has introduced a new Bitcoin and Gold ETF, offering investors a unique strategy to hedge against inflation. 
<a href="https://www.qubetics.com/?utm_source=TNYR&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-22324" src="https://www.turkishnyradio.com/wp-content/uploads/2024/10/Qubetics-is-Exploding-728x90-1.gif" alt="Qubetics is Exploding 728x90 1" width="728" height="90" title="Bitcoin ETF Investments Surge: $393 Million Inflows Highlight Growing Demand 48"></a> 
This week, demand for spot Bitcoin ETFs in the U.S. has garnered significant attention. In particular, BlackRock’s BTC ETF, known as IBIT, has demonstrated strong performance, reaching a significant milestone in total inflows. With over $22.5 billion in total inflows, IBIT is currently the market leader. 
<h2 id="blackrock-leads-the-etf-surge-with-record-breaking-inflows">BlackRock Leads the ETF Surge with Record-Breaking Inflows</h2> 
On Wednesday alone, BlackRock’s ETF saw an impressive $393 million inflow. That same day, all U.S. Bitcoin ETFs recorded a total inflow of $458 million, underscoring the growing interest in these financial instruments. 
IBIT remains the largest Bitcoin ETF on the market, surpassing its competitors by a wide margin. To date, IBIT’s total inflows have reached $22.461 billion, more than double its nearest competitor, Fidelity’s FBTC ETF, which has attracted $10.274 billion in total inflows. Collectively, the nine Bitcoin ETFs listed in the U.S. have amassed over $20 billion in assets. 
Since the start of the week, U.S. Bitcoin ETFs have seen inflows of $1.4 billion, and this figure is expected to reach $2 billion before the end of the week. Investors are turning to Bitcoin ETFs as a safer alternative amid concerns about the overvaluation of companies like MicroStrategy. 
<img loading="lazy" decoding="async" class="alignnone size-full wp-image-24013" src="https://www.turkishnyradio.com/wp-content/uploads/2024/10/depicting-the-surge-in-Bitcoin-ETF-investments.-The-central-focus-is-the-Bitcoin-symbol-alongside-ETF-charts-and-graphs-sho.webp" alt="depicting the surge in Bitcoin ETF investments. The central focus is the Bitcoin symbol alongside ETF charts and graphs sho" width="1792" height="1024" title="Bitcoin ETF Investments Surge: $393 Million Inflows Highlight Growing Demand 49" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/10/depicting-the-surge-in-Bitcoin-ETF-investments.-The-central-focus-is-the-Bitcoin-symbol-alongside-ETF-charts-and-graphs-sho.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/depicting-the-surge-in-Bitcoin-ETF-investments.-The-central-focus-is-the-Bitcoin-symbol-alongside-ETF-charts-and-graphs-sho-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/10/depicting-the-surge-in-Bitcoin-ETF-investments.-The-central-focus-is-the-Bitcoin-symbol-alongside-ETF-charts-and-graphs-sho-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"> 
<h2 id="new-bitcoin-and-gold-etf-offers-a-unique-hedge-against-inflation">New Bitcoin and Gold ETF Offers a Unique Hedge Against Inflation</h2> 
Additionally, a new ETF offering exposure to both Bitcoin and gold has entered the market. Launched by Quantity Funds, the “STKD Bitcoin &amp; Gold ETF” combines Bitcoin and gold futures to provide investors with a hedge against inflation and currency devaluation. Trading under the symbol BTGD, this fund aims to capture the price movements of both Bitcoin and gold, without directly investing in cryptocurrencies or physical gold. 
For more on these developments, visit <a href="http://turkishnyradio.com" target="_blank" rel="noopener">Turkish NY Radio</a>.

Bitcoin ETF Investments Surge: $393 Million Inflows Highlight Growing Demand

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