{"id":817924,"date":"2025-01-07T10:13:22","date_gmt":"2025-01-07T16:13:22","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/07\/bitcoin-etfs-has-top-10-inflow-day-with-870-million-acquired-as-bitcoin-closes-in-on-all-time-high\/"},"modified":"2025-01-07T10:13:22","modified_gmt":"2025-01-07T16:13:22","slug":"bitcoin-etfs-has-top-10-inflow-day-with-870-million-acquired-as-bitcoin-closes-in-on-all-time-high","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/07\/bitcoin-etfs-has-top-10-inflow-day-with-870-million-acquired-as-bitcoin-closes-in-on-all-time-high\/","title":{"rendered":"Bitcoin ETFs has Top 10 inflow day with $870 million acquired as Bitcoin closes in on all-time high"},"content":{"rendered":"

Bitcoins <\/p>\n

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\"bitcoins Bitcoin ETFs has Top 10 inflow day with $870 million acquired as Bitcoin closes in on all-time high<\/span> Liam ‘Akiba’ Wright \u00b7<\/span> 2 months ago<\/span> <\/span> <\/span> <\/span><\/p>\n

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Insights<\/a> Bitcoin<\/a>ETFs<\/a> <\/span><\/p>\n

iShares Bitcoin Trust leads ETF inflows as Bitcoin approaches record high.<\/p>\n<\/div>\n

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Bitcoin reached $73,500 on Oct. 29, coming within $200 of its all-time high of $73,700. On the same day, Bitcoin<\/a> exchange-traded funds (ETFs) recorded total inflows of $870.1 million, indicating a significant increase in investment activity.<\/p>\n

The Block historical data shows that with almost $5 billion in volume, yesterday was also within the top 10 days since the spot ETFs launched in January and the highest since August.<\/p>\n

\"bitcoins
Bitcoin spot volume (Source: The Block)<\/figcaption><\/figure>\n

The iShares Bitcoin Trust (IBIT) led the inflows with $642.9 million, reinforcing its position in the market. Fidelity\u2019s FBTC followed with $133.9 million, while Bitwise\u2019s BITB attracted $52.5 million. ARK\u2019s Bitcoin ETF (ARKB) saw inflows of $12.4 million, and Grayscale\u2019s BTC fund added $29.2 million despite previous outflows.<\/p>\n

As of press time, the Block data has not been updated to include Oct. 29. However, the visualization<\/a> below illustrates that the $870 million inflow was only surpassed on eight other days since launch.<\/p>\n

\"bitcoins
Spot volumes (Source: The Block)<\/figcaption><\/figure>\n

These substantial inflows align with Bitcoin\u2019s<\/a> price surge, suggesting increased investor confidence. The proximity to its all-time high may have spurred additional interest, especially with the US election just days away.<\/p>\n

Market analysts are watching to see if this momentum will push Bitcoin past its previous peak<\/a>. The significant capital flowing into ETFs like IBIT and FBTC indicates a strong appetite for Bitcoin exposure through traditional investment vehicles.<\/p>\n

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Latest Insights<\/h5>\n<\/div>\n<\/div>\n<\/div>\n

Liam ‘Akiba’ Wright Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin ETFs has Top 10 inflow day with $870 million acquired as Bitcoin closes in on all-time high Liam ‘Akiba’ Wright \u00b7 2 months ago Insights Bitcoin ETFs iShares Bitcoin Trust leads ETF inflows as Bitcoin approaches record high. Bitcoin reached $73,500 on Oct. 29, coming within $200 of its all-time high of $73,700. On<\/p>\n","protected":false},"author":1,"featured_media":817925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,76578],"tags":[11476],"class_list":["post-817924","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-inflow","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/817924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=817924"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/817924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/817925"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=817924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=817924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=817924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}