Bitcoin ETF

Bitcoin

Billion

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-etfs-surge-with-record-breaking-inflows" rel="noopener noreferrer nofollow">Bitcoin ETFs Surge with Record-Breaking Inflows</a><br></p>
<p style="text-align: justify">Recent activity in <a href="https://en.bitcoinhaber.net/bitcoin-poised-for-key-milestone-experts-forecast-price-surge-post-halving" rel="noopener noreferrer nofollow">Bitcoin</a> Exchange-Traded Funds (ETFs) has seen unprecedented levels of market inflows, with Blackrock’s Bitcoin ETF leading the pack. This surge aligns with Bitcoin’s substantial price increase, propelling the ETF closer to an anticipated $10 billion in assets.</p>
<h2 id="blackrock-etf-close-to-10-billion-milestone">Blackrock ETF Close to $10 Billion Milestone</h2>
<p style="text-align: justify">Bloomberg’s Eric Balchunas points out that Blackrock’s ETF is on the verge of hitting the $10 billion mark ahead of schedule. The ETF sector has been breaking records, with last month marking the highest inflow since its inception, totaling $673 million. The Blackrock iShares Bitcoin ETF alone accounted for $612 million of that influx, demonstrating significant trading volumes that eclipsed those of major US stocks.</p>
<h2 id="rising-market-confidence-and-etf-performance">Rising Market Confidence and ETF Performance</h2>
<p style="text-align: justify">The vibrant ETF market has propelled Blackrock to the fourth spot among ETF providers. The energetic trade of Bitcoin ETFs reflects a shift in investor confidence, merging the crypto sector with more conventional regulatory markets. Additionally, the Crypto Fear and Greed Index has soared, denoting ‘Extreme Greed’ in the market, a sentiment not seen in four years. This bullish behavior suggests that Bitcoin ETFs are outperforming even basic market indicators, as acknowledged by both crypto enthusiasts and ETF analysts.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-etfs-surge-with-record-breaking-inflows" rel="noopener noreferrer nofollow">Bitcoin ETFs Surge with Record-Breaking Inflows</a></h5>

Bitcoin ETFs Surge with Record-Breaking Inflows

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