Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally

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Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally - NewsBTC

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Only known entities are included.pic.twitter.com/a9XOb5134E — Ki Young Ju (@ki_young_ju) September 26, 2024 It’s interesting to note that although BlackRock’s ETF performs well, other ETFs, including Ark 21Shares Bitcoin ETF and Fidelity’s Wise Bitcoin Origin Fund, have seen large withdrawals of $33.2 million and $47.4 million, respectively.

Related Reading: Stacks: New Network Upgrades Push STX Price Up By 18% – Details Record Inflows Amid Market Optimism The biggest daily flow for the month came from BlackRock’s Bitcoin ETF, which surged about $184 million on September 25, 2024.

Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs.