ETFS in the United States cross $ 50 billion in net flows since its establishment

The exchange funds on the stock exchange in the United States (ETFS) exceeded only $ 50 billion of net flows, just 18 months after its establishment in January 2024.

IShaares Bitcoin Trust (IBIT) of Blackrock led the charge of $ 53 billion, while the Bitcoin Origen (FBTC) Fund (FBTC) witnessed the second highest net flow of $ 12.29 billion.

ETF (GBTC) GrayScale Bitcoin Trust was the only box to witness a net flow, losing 23.34 billion dollars, According to For investors Farside.

This year, the total digital asset products attracted a net $ 18.96 billion, as Bitcoin represents approximately 83 % of the total flows, while Ethereum represents 16 % of the total flows, According to To Coinshares.

Ibit remains the most dominant product, as the box became the first ETF Bitcoin Hold more than 700000 BTC Tuesday. The fund now has more than 55 % of the total BTC across all investment funds in Bitcoin.

Last week, it was reported that Blackrock is now Earn more revenues From the IBIT box from its pioneering box S & P 500, ISHARES CORE S & P 500 ETF, on an annual basis.

Bitcoin’s institutional cabinets

Bitcoin also witnessed a large request from companies, many of which created bitcoin bonds in 2024.

Monday, Metaplanet Japan BTC acquired $ 237 millionWhich makes the company the fifth largest company holder in Bitcoin. The total BTC Mix exceeds 15500 BTC.

On the same day, Two European companies Bitcoin added to the current Bitcoin reserves.

The Blockchain Group’s France and the most intelligent web company in the United Kingdom added $ 12.5 million and $ 24.3 million to its treasury bonds.

Remixpoint, a Japanese company listed on the Tokyo Stock Exchange, has announced that it has been raised 215 million dollars to buy more bitcoin 3000 BTC intends to assemble in the near future.

Bitcoin at the highest level ever while ETH rises

On Wednesday, BTC A hit The highest new level ever of $ 112,000With the sellers filtering on the open for nearly $ 200 million.

Related to: “See you at $ 150,000,” says Bitcoin Bull after BTC has clicked its highest level.

Regardless of Bitcoin, analysts It is expected that the Eter will reach a sign of $ 3000 At some point this week due to the bullish market structure.

During the past 24 hours, the ETH price has increased by 6.6 % and is currently being traded at $ 2778, According to To Coingecko.

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