Investors poured over $1B into Bitcoin ETFs in one day
Following Trump’s reelection, investors are pouring funds into the spot Bitcoin ETFs (exchange-traded funds). On November 7th alone, U.S. Bitcoin ETFs recorded unprecedented inflows of $1.3 billion. BlackRock (BLK
+0.27%
), the world’s largest asset manager, led with over $1 billion directed into its Bitcoin ETF, while Fidelity’s FBTC saw an inflow of $190 million, according to data from Farside.
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