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Spot Bitcoin ETFs Show Major Divergence In Inflows — What’s Happening?

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Spot Bitcoin ETFs Hit 15 Day Inflow Streak With Nearly $5 Billion Added

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Spot Bitcoin ETFs (exchange-traded funds) extended their positive inflows streak to 15 days yesterday as investors poured nearly $5 billion into the funds during this period. “15 straight days of inflows into spot btc ETFs…,” said ETF Store president Nate Geraci in an X post today. “ Approaching $5bil in new $$$. Not $5bil this year,” he added.” BlackRock Maintains Dominance, Is The Only Bitcoin ETF To Record Inflows Yesterday Data from Farside Investors shows the US Spot Bitcoin ETFs posted $102.1 million in net inflows yesterday. This comes just after the funds recorded over $500 million inflows on both June 25 and June 27. BlackRock’s IBIT, which leads the funds in terms of cumulative inflows since the products launched in January 2024, continued to display its dominance during yesterday’s trading session. On the day, the fund pulled in another $112.3 million. This has pushed IBIT’s total net inflows to $52.421 billion. I...

Spot Bitcoin ETFs See Second-Highest Outflows As Mt. Gox Moves $2.2 Billion In BTC Ahead Of US Election

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Spot Bitcoin ETFs registered their second-largest daily outflows on record as Mt. Gox transferred BTC worth $2.2 billion to unmarked addresses as the US election looms. The 11 spot Bitcoin ETFs saw $541.1 million leave their reserves on Nov. 4, according to Farside Investor data . Only the fund belonging to asset management titan BlackRock managed to record inflows on the day, securing inflows of $38.4 million. Invesco’s BTCO and WisdomTree’s BTCW recorded no new flows. Most of the outflows came from Fidelity’s FBTC, with $169.6 million leaving the fund. ARKB suffered the next biggest blow with $138.3 million in outflows. Meanwhile, both of Grayscale’s spot Bitcoin ETFs, GBTC and BTC, posted outflows of $63.7 million and $89.5 million, respectively. Record outflow day for Bitwise, Ark and the Grayscale Mini today https://t.co/mi5P64BP3Q — Farside Investors (@FarsideUK) November 5, 2024 The remaining funds, BITB, EZBC, BRRR, and HODL all saw capital...