{"id":18163,"date":"2024-10-29T12:38:01","date_gmt":"2024-10-29T10:38:01","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-etfs-attract-479-35-million-with-blackrock-leading\/"},"modified":"2024-10-29T12:38:01","modified_gmt":"2024-10-29T10:38:01","slug":"bitcoin-etfs-attract-479-35-million-with-blackrock-leading","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-etfs-attract-479-35-million-with-blackrock-leading\/","title":{"rendered":"Bitcoin ETFs Attract $479.35 Million, with BlackRock Leading"},"content":{"rendered":"

On October 28, spot ETFs based on the leading cryptocurrency recorded an inflow of $479.35 million, marking the largest figure in the past two weeks.<\/p>\n

\"\u0411\u0438\u0442\u043a\u043e\u0438\u043d-ETF
Daily dynamics of fund inflows into Bitcoin-based exchange-traded funds. Data: SosoValue<\/a>.<\/figcaption><\/figure>\n

The largest portion of the total was attributed to BlackRock’s IBIT, with $315.19 million (11 consecutive “positive” days).<\/p>\n

Trading volume for all ETFs reached $3 billion compared to $2.9 billion on Friday, October 25.<\/p>\n

Since October 11, Bitcoin-based spot funds have collectively attracted $3.85 billion.<\/p>\n

In contrast, the dynamics for Ether-based ETFs were less favorable. On October 28, a near-zero figure was recorded. Similar situations were observed on previous trading days.<\/p>\n

\"\u0411\u0438\u0442\u043a\u043e\u0438\u043d-ETF
Daily dynamics of fund inflows into Ether-based exchange-traded funds. Data: SosoValue<\/a>.<\/figcaption><\/figure>\n

Grayscale’s ETHE saw an outflow of $8.44 million, while other funds experienced a modest increase in funds:<\/p>\n

    \n
  • Fidelity’s FETH \u2014 $5.02 million;<\/li>\n
  • BlackRock’s ETHA \u2014 $2.28 million.<\/li>\n<\/ul>\n

    Trading volume was $187.49 million, comparable to the figure from October 25 \u2014 $189.88 million.<\/p>\n

    On the morning of October 29, the first cryptocurrency’s quotes rose above the $71,000 mark.<\/p>\n

    Meanwhile, analysts have warned of a potential Bitcoin correction following the US elections.<\/p>\n","protected":false},"excerpt":{"rendered":"

    On October 28, spot ETFs based on the leading cryptocurrency recorded an inflow of $479.35 million, marking the largest figure in the past two weeks. Daily dynamics of fund inflows into Bitcoin-based exchange-traded funds. Data: SosoValue. The largest portion of the total was attributed to BlackRock’s IBIT, with $315.19 million (11 consecutive “positive” days). Trading […]<\/p>\n","protected":false},"author":1,"featured_media":18162,"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":[18,569],"class_list":["post-18163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-etf"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18163","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=18163"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18162"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}