Bitcoin ETF Inflows Hit Record $1.37B, Largest Ever

Share This Post

Bitcoin ETF Inflows Hit Record $1.37B, Largest Ever

The post Bitcoin ETF Inflows Hit Record $1.37B, Largest Ever appeared first on Coinpedia Fintech News

As the crypto bull run began with Trump’s political win, the institutional support for Bitcoin surged. 11 U.S.-spot Bitcoin ETF recorded the biggest net inflow ever of $1.372 billion. The record has been broken after 167 days and was spearheaded by BlackRock’s IBIT, which witnessed the massive inflow of $1.169 billion yesterday. This is the largest inflow since the launch of the ETFs. In the last three weeks, BlackRock has added 77,649 BTC worth $5.48 billion, raising its BTC holding to 447,281 BTC worth $33.86 billion. BlackRock is holding 2.26% of the total circulating supply of Bitcoin. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto CEO Falls: AML Bitcoin’s Founder Faces 30 Years for Fraud and Laundering

A cryptocurrency CEO has been convicted of wire fraud and money laundering after deceiving investors, raising millions through false claims, and laundering funds for personal luxury purchases AML

Bitcoin Price Above $100,000 Again? Chart Patterns Show What’s Coming Next

Crypto analyst Madden has raised the possibility of the Bitcoin price rallying above $100,000 again, providing a bullish outlook for the flagship crypto His analysis showed what is coming next for

Layer-3s are a necessary innovation in crypto

The following is a guest post from Rob Viglione, CEO at Horizen Labs If we had stopped at dial-up internet, we’d never have gotten Netflix, real-time gaming, or cloud computing The evolution of

Pi Coin Price Prediction: Is $3 Still Possible After 20% Dip?

The post Pi Coin Price Prediction: Is $3 Still Possible After 20% Dip appeared first on Coinpedia Fintech News The price of Pi Network’s token, Pi has recently experienced major selling pressure,

Bitcoin Bullish Trend In Jeopardy As BTC Price Stumbles Near $85,211

Bitcoin’s recent price movement near the $85,211 level has revealed several technical red flags, suggesting potential weakness in its bullish momentum Despite multiple attempts to break through

‘Ripple is Never Going to Win’: Popular Author Questions XRP’s Real Use Case

The post ‘Ripple is Never Going to Win’: Popular Author Questions XRP’s Real Use Case appeared first on Coinpedia Fintech News Despite ongoing legal battles, Ripple’s XRP token continues to