CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
The Coin Rise 2025-01-26 13:40:54

Spot Bitcoin ETFs Near $40 Billion Milestone as Inflows Surge

U.S.-based spot Bitcoin ETFs are on the brink of surpassing a major milestone, with cumulative net inflows reaching $39.94 billion since their launch just over a year ago. This unprecedented figure highlights a growing wave of enthusiasm for Bitcoin, further fueled by the cryptocurrency maintaining its position above the $100,000 mark for an extended period. Bitcoin ETFs Inflows Reach New Heights According to SoSoValue data , the total net assets held by Bitcoin ETFs reached $123.1 billion as of the close of last week’s trading, marking the second-highest total to date. The surge in inflows coincides with President Donald Trump’s second-term inauguration, which has brought renewed optimism among pro-crypto advocates. The past trading week, shortened due to Martin Luther King Jr. Day, saw $1.76 billion in inflows, extending the streak to seven consecutive trading days. BlackRock’s iShares Bitcoin Trust ETF led the charge, capturing $1.32 billion of the week’s inflows, maintaining its position as the market leader. BlackRock’s Rule Change BlackRock’s dominance in the Bitcoin ETF market remains unmatched. The fund recently filed a rule change with Nasdaq to allow for in-kind redemptions and creations, which would enable investors to receive Bitcoin directly rather than cash. This shift, if approved, could attract even more institutional investors looking for greater flexibility in managing their holdings. Fidelity’s FBTC fund followed with $202.2 million in inflows last week, while the ARKB fund from Ark Invest and 21Shares secured $172.6 million, rounding out the top three contributors. The recent inflow streak has reversed an earlier outflow trend observed this month, suggesting growing investor confidence as Bitcoin ETFs become increasingly integrated into mainstream portfolios. Pro-Crypto Sentiments Drive Market Optimism The resurgence of interest in Bitcoin ETFs coincides with Trump’s return to the Oval Office. The president has voiced favorable opinions on cryptocurrency, and his ally Elon Musk, head of the Department of Government Efficiency, is reportedly exploring blockchain adoption to reduce federal costs. These developments have reignited investor enthusiasm for Bitcoin and blockchain technology as a whole. As spot Bitcoin ETFs edge closer to the $40 billion inflow mark, they continue to play a pivotal role in legitimizing the cryptocurrency market. The combination of regulatory advancements and institutional demand may signal a new chapter for Bitcoin’s adoption and long-term prospects. The post Spot Bitcoin ETFs Near $40 Billion Milestone as Inflows Surge appeared first on TheCoinrise.com .

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine