🔹 BlackRock's BTC ETF sees record inflows

🔹 BlackRock's iShares Bitcoin Trust exchange-traded fund (ETF) saw record inflows of $872 million during the October 30 trading session, more than Bitcoin's previous peak in March.

🔹 Over the past two weeks, investors have poured about $5 billion into US Bitcoin ETFs, with BlackRock's fund accounting for more than half of the inflows. By comparison, only 10% of existing ETFs on various assets have ever accumulated such a volume of capital. The first ETFs in the US appeared in the early 1990s, and gold ETFs began trading in 2004.

🔹 According to analysts surveyed by Bloomberg, the high interest in Bitcoin ETFs may be related to the upcoming US presidential election. Experts note that the growth of the Bitcoin rate may be due to the increasing chances of Donald Trump's victory.

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