Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Spot Bitcoin ETFs See Record Inflows of $1,38 Billion

Spot Bitcoin ETFs See Record Inflows of $1,38 Billion

HappyCoinNewsHappyCoinNews2024/11/09 08:00
By:HappyCoinNews

On Thursday, November 7, spot US currencies traded Bitcoin -funds have seen record daily inflows since launch. Collectively, investors have invested in ETF more than $ 1,38 billion

I told you we were likely to see a big influx into the funds, but even I'm surprised by the size of it. This is the largest single-day inflow of spot BTC- ETF in their entire history," wrote Bloomberg stock analyst Eric Balchunas.

According to SoSoValue, the IBIT fund from BlackRock once again became the leader in terms of inflow of funds. The largest spot bitcoin ETF accounted for more than 81% of the investment, namely about $1,12 billion. This is the maximum in the entire history of exchange-traded funds based on the flagship cryptocurrency.

Spot Bitcoin ETFs See Record Inflows of $1,38 Billion image 0

Inflow into spot bitcoin ETF

The second largest inflow was from Fidelity's FBTC. Over the past trading day, investors invested in Bitcoin - the fund is about $190,92 million. This is less than the $308,8 million that it received ETF the day before.

Bitcoin Mini Trust from Grayscale received almost $20,38 million, ARKB from ARK and 21Shares - $17,61 million, BITB from Bitwise - $13,36 million, HODL from VanEck - $4,34 million, BRRR from Valkyrie - $2,17 million.

Issuers of other spot bitcoin ETF reported zero inflows.

On November 7, the total trading volume reached $2,76 billion. This is significantly lower than the $6,07 billion recorded on November 6.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04