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Bitcoin ETFs are experiencing record-breaking inflows, with daily net inflows surpassing $1 billion for the first time. Grayscale sees a significant decrease in outflows as BlackRock's spot Bitcoin ETF crosses $15 billion in AUM. BlackRock's Bitcoin holdings jump to $15.4 billion, now holding over 1% of the total Bitcoin supply. Institutional demand and capital inflows are driving Bitcoin to new all-time highs, with spot Bitcoin ETFs attracting substantial investments.
"The total assets in the 11 spot Bitcoin ETFs have crossed above $60 billion, over $3 billion higher than the AUM of the largest Gold ETF ($56.9 billion in $GLD)." @charliebilello https://t.co/lAd4pIqFIK
BREAKING: Bitcoin ETF inflows dropped by 80.6% in 24 hours
[1/4] Bitcoin ETF Flow - 14 March 2024 All data in. $132m net inflow for the day. Strong result, but much weaker than earlier in the week. Blackrock has $345m of inflow, GBTC $257m outflow, while other providers had much lower flow. https://t.co/8tl2H3BTNY