Bitcoin ETFs witness explosive $542 million inflow in a single day

Quick Take

Data compiled by Farside Investors shows that on Feb. 9, the net inflow surged to reach $542 million. BlackRock IBIT accounted for approximately just under half of these net inflows with a staggering $251 million, pushing their total net inflow to a hefty $3.8 billion and increasing their Bitcoin holdings to 87,779, according to Ishares.com.

The surge came after another impressive day on Feb. 8, witnessing over $400 million of net inflows, as reported by CryptoSlate.

Fidelity FBTC also marked a milestone, breaking past the $3 billion net inflow with an additional $188 million. Ark Invest’s ARKB wasn’t far behind, with net inflows of $137 million on the same day, nudging it just shy of $1 billion, with total net inflows standing at $919 million, as reported by Farside Investors.

In contrast, GBTC experienced net outflows of -$52 million, driving their total to a considerable -$6.4 billion. Despite this, the overall net inflows reached $2.7 billion, according to Farside Investors.

Bitcoin ETF data: (Source: Farside Investors)
Bitcoin ETF data: (Source: Farside Investors)

The post Bitcoin ETFs witness explosive $542 million inflow in a single day appeared first on CryptoSlate.

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  • bitcoinBitcoin(BTC)$26,051.000.02%
  • ethereumEthereum(ETH)$1,652.21-0.04%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$217.290.72%
  • rippleXRP(XRP)$0.521.75%
  • usd-coinUSD Coin(USDC)$1.00-0.04%
  • cardanoCardano(ADA)$0.260196-0.85%
  • dogecoinDogecoin(DOGE)$0.0631641.33%
  • tronTRON(TRX)$0.0774861.09%
  • polkadotPolkadot(DOT)$4.501.99%
  • litecoinLitecoin(LTC)$65.301.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,065.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$189.59-0.41%
  • uniswapUniswap(UNI)$4.58-0.60%
  • stellarStellar(XLM)$0.1229001.01%
  • moneroMonero(XMR)$141.101.34%
  • aaveAave(AAVE)$56.961.06%
  • havvenSynthetix Network(SNX)$2.06-0.07%
  • tezosTezos(XTZ)$0.701.39%
  • eosEOS(EOS)$0.581.13%
  • theta-tokenTheta Network(THETA)$0.641.26%
  • bitcoin-cash-svBitcoin SV(BSV)$29.94-1.07%
  • nemNEM(XEM)$0.025210-0.32%