The original 11 and current 12 bitcoin ETF funds have already broken several records with huge net inflows in their first year of inception. BlackRock's IBIT in particular has quickly become the largest and continues to gain popularity among investors.
trading over the past five days has solidified a trend that began before the election. The fund raised $489.1 million on Monday, December 9, followed by $438.5 million on Tuesday, $223.1 million on Wednesday, $597.5 million on Thursday and $428.9 million on Friday, ending the week on the plus side. While this figure is down from last week, it still represents an inflow of more than $2 billion into the #ETF in just a few days.
IBIT recorded four trading days: $394.1 million on Monday, $295.6 million on Tuesday, $431.6 million on Thursday and $393 million on Friday. Inflows were recorded. There were no inflows on Wednesday, but Fidelity's FBTC stood out, receiving $121.9 million that day.
These significant net inflows had a positive impact on the price of #BTC , with the asset up 3% for the week and near all-time highs.
#Ethereum ETF has also been jubilant in recent weeks after a slow start. The streak began on Nov. 22, and there hasn't been a negative day since. Monday's gain was $149.8 million, Tuesday's was $305.7 million, Wednesday's was $102 million, Thursday's was $273.7 million and Friday's was $23.6 million. That brings the total to $ 854.8 million.
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