Bitcoin ETF

Bitcoin

Million

BlackRock

<ul class="news-points"> 
 <li>On Tuesday, BTC exchange-traded funds saw a positive net flow of over $631 million.</li> 
 <li>On the previous day, ETF inflows hovered around $493 million.</li> 
 <li>The positive inflow coincided with Bitcoin’s reclaiming of the $50k threshold.</li> 
</ul> 
The research team at the BitMEX exchange has <a href="https://x.com/BitMEXResearch/status/1757682975892811977?s=20" target="_blank" rel="nofollow">called attention</a> to the considerable amount of funds that flowed into Bitcoin exchange-traded funds (ETFs) yesterday as <a href="https://coinedition.com/btc-massive-sell-off-looms-after-hitting-50k-analyst/">Bitcoin reclaimed the $50k threshold.</a> 
In a post on X, BitMEX Research noted that February 13 saw a positive net flow of $631 million to BTC-based investment vehicles across all ETF issuers. Among the U.S.-listed ETFs, BlackRock’s IBIT experienced the most significant influx. Specifically, BlackRock recorded over $493 million on Tuesday, followed by Fidelity at $163.6 million. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="627" height="442" src="https://coinedition.com/wp-content/uploads/2024/02/Bitmex.png" alt="" class="wp-image-373143" srcset="https://coinedition.com/wp-content/uploads/2024/02/Bitmex.png 627w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-300x211.png 300w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-380x268.png 380w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-126x89.png 126w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-350x247.png 350w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-340x240.png 340w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-234x165.png 234w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-299x211.png 299w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-99x70.png 99w, https://coinedition.com/wp-content/uploads/2024/02/Bitmex-106x75.png 106w" sizes="(max-width: 627px) 100vw, 627px">
 <figcaption class="wp-element-caption">
 Records of flows to Bitcoin spot ETFs since January| BitMEX Research
 </figcaption>
 </figure>
</div> 
Similarly, Bitwise Bitcoin ETF witnessed an inflow of $10.8 million, and Ark Invest recorded $35 million. However, other funds, such as Invesco, Franklin, Valkyrie, and VanEck, registered zero inflow. Concurrently, Grayscale experienced a significant negative growth of $72.8 million. 
Overall, the net influx of $631 million in…
The post <a href="https://coinedition.com/631-million-enters-bitcoin-etfs-as-price-cracks-50k-blackrock-leads-the-charge/">$631 Million Enters Bitcoin ETFs as Price Cracks $50k, BlackRock Leads the Charge</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

$631 Million Enters Bitcoin ETFs as Price Cracks $50k, BlackRock Leads the Charge

Coin Edition

Các bài viết khác được xuất bản trên 14 thg 2, 2024

Cryptos to Gift on Valentines Day : Top 10 Cryptocurrencies Under $10

FED President Powell Speaks About Stablecoins! Explained What is Required for a Digital Dollar!

Craig Wright expresses frustration toward critics and experts

128 Crypto Wallets Drained by New Attack, Is Your Money Safe?

Joe Biden’s pick for OECD ambassador could give up Coinbase advisory council: Report

Coinbase Suspends PLA Token Trading After PlayDapp’s Smart Contract Suspension

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!