Bitcoin Spot ETFs See $1.1 Billion Inflow as BTC Price Breaks New Records
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- Bitcoin spot ETFs attracted $1.11 billion in inflows on November 11, the second-largest single-day inflow on record.
- BlackRock’s IBIT ETF led with a $756.45 million net inflow and a record $4.65 billion daily turnover.
- Total assets in Bitcoin ETFs now stand at $90.6 billion, reflecting growing investor interest in cryptocurrency products.
Bitcoin spot ETFs experienced a dramatic surge in inflows on November 11, attracting a total of $1.11 billion, marking the second-largest single-day inflow on record since their launch. This increase comes as Bitcoin continues to reach unprecedented price levels, having broken new records on consecutive days since the previous week.
On Friday, when Bitcoin peaked at $77,252, Bitcoin ETFs saw their largest-ever single-day net inflow of $1.378 billion. This highlights a renewed interest in crypto asset investment products among traditional investors.
With Bitcoin reaching $89,604 on Monday, the momentum for Bitcoin ETFs remained strong, with $1.11 billion in inflows recorded on November 11.
BlackRock Leads with $4.65 Billion in Daily Turnover
BlackRock’s IBIT ETF, listed on NASDAQ, led the inflows last Monday. It at…
The post Bitcoin Spot ETFs See $1.1 Billion Inflow as BTC Price Breaks New Records appeared first on Coin Edition.
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