BlackRock ETF brings in over $3 billion in 5 days after new $230 million inflow

Share This Post

BlackRock’s Bitcoin ETF has accumulated over $3 billion in assets within five days, bolstered by a recent $230 million inflow on Nov. 13.

Farside data shows that from Nov. 07 to Nov. 13, the fund attracted a total of $3.09 billion. Other ETFs also saw significant inflows during this period, with Fidelity’s FBTC gaining $582.8 million and Ark’s ARKB adding $135.3 million.

The latest figures highlight a surge in institutional interest in Bitcoin ETFs. On Nov. 13 alone, BlackRock’s ETF saw an inflow of $230.8 million, while Fidelity’s ETF received $186.1 million. Smaller players like Bitwise and VanEck also recorded positive movements, contributing to the overall inflow of $4.1 billion across all tracked ETFs.

This trend follows recent market developments, including Bitcoin’s price reaching $93,400 after the US election results. The substantial inflows suggest that investors are increasingly seeking exposure to Bitcoin through regulated financial instruments.

Grayscale’s GBTC and BTC products experienced mixed results, with GBTC adding $13.7 million over the five days and BTC seeing an increase of $125 million. Despite some fluctuations, the overall momentum remains strong across various ETF offerings.

DateBlackRock (IBIT)Fidelity (FBTC)Bitwise (BITB)Ark (ARKB)Invesco (BTCO)Franklin (EZBC)Valkyrie (BRRR)VanEck (HODL)WTree (BTCW)Grayscale (GBTC)Grayscale (BTC)Total
Nov. 071119.9190.913.417.60.00.00.04.30.07.320.41373.8
08 Nov206.133.523.00.00.017.80.013.00.00.00.0293.4
11 Nov756.5135.142.7108.68.710.10.00.00.024.228.21114.1
12 Nov778.337.20.0-5.40.00.00.010.10.0-17.815.1817.5
13 Nov230.8186.112.314.50.00.00.05.10.00.061.3510.1
Total3091.6582.891.4135.38.727.90.032.50.013.7125.04108.9

The inflow patterns indicate a shifting landscape in Bitcoin ETF investments, where institutional players are making significant moves. The data reflects a broader adoption and could signal continued growth in the sector.

The post BlackRock ETF brings in over $3 billion in 5 days after new $230 million inflow appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana ‘God Candle Is Close’ As It Breaks From Crucial Resistance – Top Analyst

Solana recently broke its yearly high at $210, sparking a surge in trading activity as the altcoin now attempts to consolidate above this key level This period of volatile price action highlights

Solana’s daily fees and revenue hit ATH amid heightened engagement

Solana’s daily revenue hit a record high of almost $4 million, reflecting a notable rise in user engagement on the third-largest blockchain network by market cap DeFillama data shows that

18 States Sue SEC, Gensler, Commissioners in Unprecedented Crypto Regulation Battle

Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth 18 States Sue SEC,

Vaneck’s Matthew Sigel Sets Bitcoin Target at $180,000

Matthew Sigel, head of digital assets research at Vaneck, projects a significant upward trajectory for bitcoin, setting a target price of $180,000 Bitcoin Could Reach $180,000 by Next Year, Says

Ex-TD Ameritrade CEO says Bitcoin is ‘here to stay,’ foresees significant growth

Joe Moglia, former CEO of TD Ameritrade, projected that Bitcoin (BTC) is primed for substantial growth, reinforcing its position as a vital asset in the global financial landscape Moglia made the

Bitcoin Price And The Trump Effect: Here’s What Happened The Last Time Donald Trump Was President

The Bitcoin price has soared to a new all-time high, driven by the bullish sentiment generated by the Donald Trump effect following the just-concluded US Presidential elections The last time Trump