United

Bitcoin ETF

Bitcoin

<p>This week, Uncle Sam’s country-based Bitcoin ETFs had a record week, with over $1.1 billion in inflows. These numbers reflect increased confidence among institutional investors, as well as the growing influence of Bitcoin-backed financial products in American portfolios.</p>
<h2 id="h-a-record-week-for-american-bitcoin-etf">A record week for american Bitcoin ETF</h2>
<p>The week of September 23 to 27, 2024, saw American <a href="https://www.cointribune.com/quel-est-le-meilleur-etf-bitcoin-2/#:~:text=Un%20ETF%20(Exchange%2DTraded%20Fund,avoir%20%C3%A0%20la%20d%C3%A9tenir%20directement." target="_blank" rel="noopener noreferrer nofollow">Bitcoin ETF</a> attract over $1.1 billion in investments, their best performance since mid-July. This figure includes a spectacular inflow of $494.4 million on September 27, a record day that hadn’t been matched since June 4, 2024. Among the key players leading this dynamic, BlackRock, via its iShares Bitcoin Trust, attracted $499 million, followed by ARK 21Shares with $289.5 million and Fidelity with $206.1 million in inflows.</p>
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<p>These massive flows are partly explained by the Federal Reserve’s decision to lower interest rates on September 18, 2024, which boosted the crypto market. Bitcoin thus climbed 13.8 % to reach $65,800, just 10.8 % below its all-time high. This rebound, coupled with renewed interest from institutional investors, largely contributed to <a href="https://cointelegraph.com/news/us-bitcoin-etfs-record-best-week-since-mid-july" target="_blank" rel="noopener noreferrer nofollow">this influx of capital</a>.</p>
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<h2 id="perspectives-and-long-term-implications">Perspectives and long-term implications</h2>
<p>Beyond these numbers, it is important to note that American Bitcoin ETF have now accumulated $18.8 billion in inflows since their launch in January 2023. This figure represents a gradual but marked adoption of crypto-assets by institutional investors, as crypto-backed financial products gain legitimacy. Notably, Ether-based ETF also had a record week, with $85 million in inflows, their best performance since August 2024.</p>
<p>These results suggest promising prospects for the fourth quarter. Historically, Bitcoin has often achieved gains of over 50 % during this period in five of the last nine years. If this trend continues, Bitcoin ETF could continue to attract new capital and play a key role in democratizing crypto investment. However, this rise remains contingent on future decisions by regulators and central banks, who closely monitor financial market developments.</p>
<p><em>The performance of Bitcoin ETF in the United States is a strong indicator of growing interest in crypto, particularly in the context of flexible monetary policies. As the fourth quarter approaches, past trends and current inflows suggest a potentially fruitful period for <a href="https://www.cointribune.com/btc-comment-ca-marche/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a>. However, uncertainties related to regulation and global macroeconomic conditions could still influence these dynamics.</em></p>

Performance record of american Bitcoin ETF : $1.1 billion in inflows in one week !

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