{"id":2510,"date":"2024-11-12T13:47:21","date_gmt":"2024-11-12T13:47:21","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2510"},"modified":"2024-11-12T13:47:21","modified_gmt":"2024-11-12T13:47:21","slug":"bitcoin-etfs-post-record-1-1-billion-inflow-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2510","title":{"rendered":"Bitcoin ETFs Post Record $1.1 Billion Inflow: What Is Going On?"},"content":{"rendered":"
\n

Bitcoin <\/strong>(CRYPTO: BTC<\/a>) spot ETFs recorded a substantial net inflow of $1.114 billion yesterday, marking an all-time high as the cryptocurrency touched near $90,000 levels<\/a> on Tuesday morning.<\/p>\n

What Happened: BlackRock<\/strong>‘s Bitcoin ETF (NASDAQ:IBIT<\/a>) led the charge with a daily turnover of $4.65 billion and a net inflow of $756 million. Fidelity<\/strong>‘s Bitcoin ETF (CBOE: FBTC) also saw significant traction, bringing in a net inflow of $135 million, according to data<\/a> from SoSo Value<\/strong>.<\/p>\n

Ethereum <\/strong>(CRYPTO: ETH<\/a>) spot ETFs mirrored Bitcoin\u2019s surge in popularity, reaching a record daily inflow of $295 million on Nov. 11. <\/p>\n

Fidelity<\/strong>‘s Ethereum ETF (CBOE: FETH) brought in $115 million, while BlackRock’s ETHA posted a net inflow of $101 million, showing growing investor interest in both leading cryptocurrencies.<\/p>\n

\"Benzinga<\/a><\/figure>\n<\/p>\n

Why It Matters:<\/strong> According to QCP Capital<\/strong>, Bitcoin’s rally, driven in part by the outcome of the U.S. presidential election<\/a>, reflects a structural shift in capital allocation. <\/p>\n

\u201cSince the election, gold has declined by 5%, while Bitcoin has surged by 30%, signaling a shift as Bitcoin gains traction as \u2018digital …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (CRYPTO: BTC) spot ETFs recorded a substantial net inflow of $1.114 billion yesterday, marking an all-time high as the cryptocurrency touched near $90,000 levels on Tuesday morning. What Happened: BlackRock‘s Bitcoin ETF (NASDAQ:IBIT) led the charge with a daily turnover of $4.65 billion and a net inflow of $756 million. Fidelity‘s Bitcoin ETF (CBOE: […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2510","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2510"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2510\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}