Bitcoin

Billion

<ul class="wp-block-list news-points">
 <li>BlackRock’s iShares Bitcoin Trust leads the ETF gain with $22.4 B in inflows.</li>
 <li>Bitcoin ETFs rebounds in October, surpassing $20 B in total inflows after losses.</li>
 <li>Grayscale saw a $20 B outflow as other issuers gained nearly $2 B in new ETF investments.</li>
</ul>
Bitcoin ETFs have seen remarkable inflows, marking an unusual gain in institutional investments. ETFs from issuers like BlackRock, Fidelity, and Ark have experienced fluctuations, with net flows hitting record levels, including a weekly surge of over $2.1 billion.
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 These <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> ETF inflows are getting pure silly now. +$2.1 BILLION DOLLARS IN A SINGLE WEEK. Higher. <a href="https://t.co/DhRD2iigYz" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/DhRD2iigYz</a>— Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1847171356359639206?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 18, 2024</a>
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Following a decline in early October, Bitcoin ETFs still see a solid rebound, surpassing $20 billion in overall inflows. By September 30, 2024, the total inflow had reached $61.3 million. However, it took a downturn, decreasing to $242.6 million on October 1, 2024, and then to $64.4 million on October 2, 2024.
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXef2sGk9lBA-mNPcucm_LK0Vv0xwAJmNQqVZATGeobJPPiOVZOxxQL4JCB7yNatEq43mAJCc_jQN51TOZbj9b26_AzUOugL6f23aMt8SK12dKz61R5JLKbpd2bgteLRoR1SGlfl6uLBqb8ZOON2XEmy8Pc?key=BBawtBdMLpyzh_ob-6JADw" alt="IMAGE" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">Source:<a href="https://x.com/milesdeutscher/status/1847171356359639206" target="_blank" rel="noopener noreferrer nofollow"> Miles Deutscher</a>
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However, the ETF market recovered quickly. By October 11, 2024, inflows were back up to $253.6 million and continued to clim…
The post <a href="https://coinedition.com/bitcoin-etfs-surpass-20-billion-in-net-inflows-within-10-months/" rel="noopener noreferrer nofollow">Bitcoin ETFs Surpass $20 Billion in Net Inflows Within 10 Months</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin ETFs Surpass $20 Billion in Net Inflows Within 10 Months

Coin Edition

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