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Bitcoin Spot ETFs See $1.1 Billion Inflow as BTC Price Breaks New Records


by Abdulkarim Abdulwahab
for CoinEdition

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Bitcoin ETFs See Record $1.11B Inflow as BTC Hits $89,604
  • 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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BlackRock’s IBIT Bleeds Record $523M as November Outflows Near $3 Billion

BlackRock’s IBIT Bleeds Record $523M as November Outflows Near $3 Billion

BlackRock’s spot Bitcoin ETF, the IBIT (iShares Bitcoin Trust), registered a record s...
BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

The average spot bitcoin ETF buyer sits near a $90,000 cost basis, leaving most inves...

Bitcoin Spot ETFs See $1.1 Billion Inflow as BTC Price Breaks New Records


by Abdulkarim Abdulwahab
for CoinEdition

Share:

Bitcoin ETFs See Record $1.11B Inflow as BTC Hits $89,604
  • 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.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

BlackRock’s IBIT Bleeds Record $523M as November Outflows Near $3 Billion

BlackRock’s IBIT Bleeds Record $523M as November Outflows Near $3 Billion

BlackRock’s spot Bitcoin ETF, the IBIT (iShares Bitcoin Trust), registered a record s...
BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

The average spot bitcoin ETF buyer sits near a $90,000 cost basis, leaving most inves...