US Bitcoin ETFs Log First-Ever Back-to-Back $1B Inflows

Spot Bitcoin ETF, based in the US, recorded an influx of over $ 1 billion for the second day of a day on Friday, which for the first time since its launch in January 2024 that they had seen two days back-to-back with ten-digit.

Friday eleven bitcoins (BTC) ETF products have seen a total tide of $ 1.03 billion after the inflow of $ 1.17 billion the day before, according to on Farside Data.

$ 2.72 billion flowed into bitcoin ETFs via ATH Week

President of Wealth Administration Novadius Nate Geran said In the paper, which has only been a seven tributary day exceeding $ 1 billion since the launch of the January 2024 market, two of which have appeared in the last two days. Before that he was the last 17th of January with $ 1.07 billion.

The tide of $ 1.17 billion on Thursday was their The second largest daily tide from the beginningFor only $ 1.37 billion recorded 7 November 2024, when Donald Trump won the US presidential election.

BitWise Invest Main Investment Director Matt Hougan said On Friday, while the Bitcoin network produced about 450 bitcoins on Thursday, Bitcoin ETF bought about 10,000.

Similarly, Jan3 pointed On Wednesday, the demand was Bitcoin ETF “22x larger” than daily mined supply.

CEO of Jan3 Samson Mow said“This demand is not sustainable at these price levels.”

It was a powerful business week for the Bitcoin ETF spot, with $ 2.72 billion in a tide for five days, because the bitcoin spot price hit a fresh maximum of $ 112,000 on Wednesday and continued to climb $ 1180 on Friday. according to for CoinMarketcap data.

Bitcoin ETF company Blackkrock becomes the fastest ETF to exceed $ 80 billion in AUM

The price increase led to the Blackrock’s Bot Bitcoin ETF (IBIT) on Thursday on Thursday, exceeded $ 80 billion (AUM) assets. Analyst ETF Eric Balchunas said On Friday in the post that it was the “fastest ETF” when he had ever done it in 374 days.

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Recently reported that Blackkrock now earns more income From its Fund Ibit than its flagship S&P 500 Fund, Ishares Core S&P 500 ETF, every year.

Balchunas added: “Total assets for all point Bitcoin ETFs for the first time also exceeded $ 140.” However, he said that the increase in prices “most heavy lifting here”.

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