Donald Trump

Bitcoin

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BlackRock

Spot Bitcoin ETFs bring a new breath to the cryptocurrency market and achieve new successes every day.
At this point, spot Bitcoin ETFs, which continue to reach new milestones every day by exceeding the amount of 1 million BTC just 10 days after launch, experienced a net inflow of $893 million on yesterday's trading day.
This figure was the second largest net inflow that ETFs have ever received. The largest net inflow, other than yesterday's net inflow of $893 million, occurred on March 12 with an inflow of $1 billion.
BlackRock's iShares Bitcoin Trust (IBIT) has been a terrific performer, receiving most of the inflows over the past few weeks.
Accordingly, BlackRock, which received almost all of the inflows yesterday, experienced a net inflow of $872 million. This was the largest inflow since IBIT's launch in January and surpassed the previous record set on March 12.
Six other bitcoin ETFs also reported net inflows on Wednesday, with Fidelity FBTC seeing $12.6 million, Ark Invest and 21Shares ARKB, VanEck’s HODL and Invesco’s BTCO seeing modest net inflows of under $8 million.
Bitwise’s BITB was the only fund to record net outflows during the day, with $23.89 million in outflows, while the remaining four funds, including Grayscale’s GBTC, recorded zero inflows.
Nate Geraci, one of the leading ETF analysts, praised BlackRock’s ETF’s success, saying that IBIT raised more capital in a single day than all but seven of the 590+ ETFs launched in the first month of 2024 have raised in an entire year.
“The recent surge in BlackRock’s IBIT inflows is driven by several key factors, including the global shift by central banks to lower interest rates, which has increased liquidity and provided easier access to capital for investors. The rally may also have been fueled by growing expectations of a pro-crypto Donald Trump victory in the US presidential election,” said Rachael Lucas, an analyst at BTCMarkets.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-etfs-see-their-biggest-inflow-since-march-blackrock-sets-a-new-record/" rel="noopener noreferrer nofollow">Bitcoin ETFs See Their Biggest Inflow Since March! BlackRock Sets a New Record!</a>

Bitcoin ETFs See Their Biggest Inflow Since March! BlackRock Sets a New Record!

Bitcoin Sistemi EN

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