The US -based investment funds in Bitcoin have registered more than a billion dollars in flows for the second consecutive day on Friday, on the occasion of the first time since its launch in January 2024 that it had seen two consecutive days with flows of ten numbers.
Friday, 11 Bitcoin spot (BTCETF products recorded a total of $ 1.03 billion, after $ 1.17 billion in flows the day before, According to To Farside data.
$ 2.72 billion in investment funds circulated in Bitcoin via ATH Week
Head of Wealth Department at Novadius Nate Girassi He said In the X publication that since the launch of the January 2024, there have been only seven days in more than one billion dollars, two of which occurred in the past two days. Before that, the latter was on January 17, with $ 1.07 billion.
The flow of $ 1.17 billion was on Thursday The second largest daily flow from the beginningOnly $ 1.37 billion registered on November 7, 2024, when Donald Trump won the US presidential election.
Bitwise Invest, the chief investment employee Matt Hogan He said On Friday’s publication, while Bitcoin produced around 450 Bitcoins on Thursday, Spot Bitcoin etFs bought about 10,000.
Likewise, January 3 Duplicate From this on Wednesday, the demand for Bitcoin ETF was “Akbar 22X” from the canceled daily offer.
CEO of Jan3 Samson Mww He said“This demand is not sustainable in these price levels.”
It was a strong week for trading in the investment funds circulating in Bitcoin, with flows of $ 2.72 billion over a period of five days, as the instant bitcoin price reached its highest level at all times, which amounted to $ 112,000 on Wednesday and continued to climb to reach 118780 dollars on Friday, According to To CoinmarketCap data.
Bitcoin ETF is faster ETF to cross $ 80 billion in AUM
The price increased by crossing BITCOIN ETF (IBIT) from Blackrock 80 billion dollars in the AUM framework on Thursday. ETF Eric Balunas He said On Friday’s publication, “The Fastest ETF” was doing this in 374 days.
Related to: Despite the high record, the S&P 500 has decreased in Bitcoin phrases
Blackrock has been recently reported Earn more revenues From the IBIT box from its pioneering box S & P 500, ISHARES CORE S & P 500 ETF, on an annual basis.
“The total assets of all investment funds circulated in the instant bitcoin crossed 140 billion dollars for the first time,” Balunas added. However, he said that the increase in prices did “most of the heavy lifting here.”
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