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Spot Bitcoin ETFs See Record Inflows in Five Months

Spot Bitcoin ETFs See Record Inflows in Five Months

HappyCoinNews2024/10/31 04:11
By: HappyCoinNews
BTC-0.51%ETH-1.78%ARK-0.79%

On Tuesday, total net inflows into US spot currencies bitcoin ETF exceeded $870 million, which was a record figure for the last five months.

Spot Bitcoin ETFs See Record Inflows in Five Months image 0

Inflow into US spot bitcoin ETF

The largest net inflow was to the IBIT fund from investment company BlackRock. At the end of the last trading day, the largest bitcoin ETF received about $642,87 million. This is the largest figure for the fund in more than seven months. The daily trading volume of IBIT shares was $3,36 billion - a record since March 14.

Fidelity's FBTC has seen inflows exceed $133,86 million, while Bitwise's BITB has seen inflows exceed $52,49 million. HODL VanEck investors invested $16,52 million, and ARKB received $XNUMX million. Ark and 21Shares - $12,39 million. The rest of the US spot Bitcoin - funds recorded zero results.

On Tuesday, the total trading volume was 12 bitcoin ETF rose to $4,75 billion from $3 billion on Monday.

For US spot ETH- ETF The past trading day was also a successful one. Total inflows into Ethereum-based ETFs amounted to $7,65 million. BlackRock's ETHA was the only ETH- ETF , which showed a positive inflow of $13,62 million. Investors withdrew $5,97 million from Grayscale's ETHE. Other ETH issuers ETF reported zero results.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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