Bitcoin

Spot

BlackRock

<p><strong>Key Points</strong>:</p>   
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 <li><em>Bitcoin Spot ETF Inflows reached $622M on Nov. 6, with record turnover.</em></li>   
 <li><em>BlackRock and Fidelity lead Bitcoin spot ETF inflows and trading volumes.</em></li> 
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<h5 class="wp-block-heading">Bitcoin spot ETF inflows reached $622M on Nov. 6, with a record daily turnover of $6.07B. BlackRock and Fidelity led the market as Ethereum ETFs also saw substantial inflows.</h5>   
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<h2 class="wp-block-heading" id="strong-record-setting-bitcoin-spot-etf-inflows-and-turnover-on-november-6-strong"><strong>Record-Setting Bitcoin Spot ETF Inflows and Turnover on November 6</strong></h2>   
<p>A huge inflow into Bitcoin spot ETFs, totaling $622 million, really reflects extraordinary demand for the cryptocurrency market. The surging amount made the record turnover $6.07 billion for that day, its highest since March. BlackRock's IBIT ETF went on to notch its record at $4.14 billion of daily turnover. Notably, Fidelity's ETF, FBTC, also contributed to that move with additions of $309 million inflow. This trend underlines growing confidence in Bitcoin's place within institutional portfolios.</p>   
<p>The massive inflows and trading volume reflect the deep-seated hunger for Bitcoin exposure among institutional investors. From BlackRock and Fidelity leading the field, these spot ETFs open up a pathway into safe, regulated Bitcoin set of characteristics that seems to have sharpened investor appetite. Notably, Ethereum spot ETFs posted heavy inflows of $52.3 million, potentially indicating further demand for cryptocurrency exposure. This record day indeed points toward the mainstream attraction and adoption that crypto ETFs get inside traditional finance, according to<a href="https://sosovalue.com/assets/etf" target="_blank" data-type="link" data-id="https://sosovalue.com/assets/etf" rel="noreferrer noopener"> Sosovalue</a><span style="font-size: revert;color: initial;, sans-serif">.</span></p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/290425-bitcoin-spot-etf-outflows-reach-second-highest/" target="_blank" data-type="link" data-id="https://coincu.com/290425-bitcoin-spot-etf-outflows-reach-second-highest/" rel="noreferrer noopener">Bitcoin Spot ETF Outflows Reach Second Highest in History</a></strong></p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure>  <a href="https://coincu.com/?p=290773">Read original article on coincu.com</a>

Bitcoin Spot ETF Inflows Reach $622M With Record Daily Turnover

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