{"id":15437,"date":"2024-07-23T11:40:41","date_gmt":"2024-07-23T08:40:41","guid":{"rendered":"https:\/\/forklog.com\/en\/blackrocks-bitcoin-etf-inflows-reach-534-million-in-a-day\/"},"modified":"2024-07-23T11:40:41","modified_gmt":"2024-07-23T08:40:41","slug":"blackrocks-bitcoin-etf-inflows-reach-534-million-in-a-day","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrocks-bitcoin-etf-inflows-reach-534-million-in-a-day\/","title":{"rendered":"BlackRock&#8217;s Bitcoin ETF Inflows Reach $534 Million in a Day"},"content":{"rendered":"<p>On July 22, inflows into spot Bitcoin ETFs amounted to $533.57 million. Such high levels were last observed on June 4, according to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>.<\/p>\n<p>This positive trend continued for the thirteenth consecutive trading day.<\/p>\n<p>Inflows into BlackRock&#8217;s IBIT reached $527.7 million, the highest since March 13.<\/p>\n<p>Investors added $23.72 million to Fidelity&#8217;s FBTC, $13.65 million to Invesco&#8217;s BTCO, and $7.87 million to Franklin Templeton&#8217;s EZBC.<\/p>\n<p>Clients withdrew $38.37 million from VanEck&#8217;s HODL.<\/p>\n<p>Other products recorded no changes.<\/p>\n<p>Cumulative inflows <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">since the approval<\/a> of BTC-ETFs in January have reached $17.59 billion.<\/p>\n<p>Glassnode previously noted an increase in purchases of exchange-traded funds based on digital gold after the price fell below their average acquisition cost ($58,200).<\/p>\n<p>Earlier, Bernstein pointed out Bitcoin&#8217;s undervaluation in the event of a victory by Republican presidential candidate Donald Trump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 22, inflows into spot Bitcoin ETFs amounted to $533.57 million. Such high levels were last observed on June 4, according to SoSoValue. This positive trend continued for the thirteenth consecutive trading day. Inflows into BlackRock&#8217;s IBIT reached $527.7 million, the highest since March 13. Investors added $23.72 million to Fidelity&#8217;s FBTC, $13.65 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,569,1145],"class_list":["post-15437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15437"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15436"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}