📈 Attention, crypto enthusiasts! 📈
🔹 On October 30, BlackRock's spot Bitcoin ETF recorded a record one-day influx since its launch in January, part of a six-day inflow period for 12 Bitcoin ETFs.
🔹 According to SoSoValue, 12 spot Bitcoin ETFs recorded an inflow of $893.21 million, the second-largest figure after $1.045 billion on March 12. The total net inflow exceeded $3 billion.
🔹 BlackRock's spot Bitcoin ETF led with an inflow of $872.04 million, breaking the previous record of $849 million for the iShares Bitcoin Trust.
🔹 Bloomberg analyst Eric Balchunas noted that this event caused the total Bitcoin ETF holdings in the U.S. to exceed 1 million BTC, marking an important milestone.
🔹 Major players like BlackRock, Grayscale, and Fidelity are actively increasing their holdings. BlackRock now owns 429,129 BTC, Grayscale holds 220,415 BTC, and Fidelity has 188,592 BTC.
🔹 BlackRock's total assets reached $30.86 billion, nearly half of which was acquired in the last month, indicating increased institutional interest.
🔹 Other ETFs also saw significant inflows: Fidelity’s FBTC – $12.57 million, ARK 21Shares’ ARKB – $7.18 million, Grayscale Bitcoin Mini Trust – $7.96 million.
🔹 At the same time, Bitwise’s BITB reported an outflow of $23.89 million.
🔹 Experts predict that continued institutional investments could push Bitcoin to new all-time highs. As of October 30, Bitcoin was trading around $72,289, and Bitfinex analysts forecast a potential rise to $80,000 by the end of 2024.
🔹 However, not all experts agree on a guaranteed new high for Bitcoin. Some believe the current rise is linked to political changes rather than macroeconomic fundamentals.
💬 Share your opinion in the comments! Do you think Bitcoin will reach new heights?