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Bitcoin ETFs See Major Inflows Amid Price Dip

DATE POSTED:November 14, 2024
Bitcoin ETFs See Major Inflows Amid Price Dip

The post Bitcoin ETFs See Major Inflows Amid Price Dip appeared first on Coinpedia Fintech News

Despite the minor dip in the Bitcoin prices below the $90,000 mark, the total daily net inflow for US-spot Bitcoin ETFs stood at $510.11 million on 13 November. Driving the rally, BlackRock’s IBIT collected $230.81 million of inflows. This was followed by Fidelity’s $186 million inflow and Grayscale’s Minitrust BTC by $61.30 million. Mirroring the bullish spree, the US-spot Ethereum ETF witnessed an inflow of $146.89 million. This was led by Fidelity’s FETH with $101.72 million of inflows, followed by BlackRock’s $35.60 million and Bitwise’s $13 million inflow.