Spot Bitcoin ETFs recorded a record inflow of $1.38 billion ❗️
On Thursday, November 7, US-traded spot Bitcoin funds marked the highest daily inflow since their launch. In total, investors poured more than $1.38 billion into the ETFs.
I told you that we were likely to see a large inflow of funds into these funds, but even I am surprised by its size. This is the largest single-day inflow of spot BTC ETFs in their history,” wrote Bloomberg exchange analyst Eric Balchunas.
According to SoSoValue data, once again, the leader in inflows was the IBIT fund from BlackRock. The largest spot Bitcoin ETF accounted for more than 81% of the investments, namely about $1.12 billion. This is a record in the history of exchange-traded funds based on the flagship cryptocurrency. $BTC