The post Bitcoin ETFs Record $489M Inflow as BlackRock Dominates appeared on BitcoinEthereumNews.com.

On November 25, Bitcoin ETFs saw a net inflow of $489.16 million, signaling strong institutional demand. BlackRock’s iShares Bitcoin Trust led the surge with an inflow of $492.28 million, bringing its total holdings to 492,623 BTC, valued at $46.96 billion. Similarly, Ethereum ETFs recorded a net inflow of $82.02 million on November 25. BlackRock’s iShares Ethereum Trust contributed $104.45 million to its holdings, which now stand at 610,430 ETH, valued at $2.1 billion. Despite the minor drop in BTC and ETH prices, the numbers showcase strong institutional support.  Source: https://coinpedia.org/crypto-live-news/bitcoin-etfs-record-489m-inflow-as-blackrock-dominates/

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Filed under: News - @ November 26, 2024 6:21 am