Loading...
Loading...
Browse all stories on DeepNewz
VisitTotal Bitcoin holdings of U.S. Bitcoin ETFs by end of 2024?
Less than 1 million BTC • 25%
1 to 1.5 million BTC • 25%
1.5 to 2 million BTC • 25%
More than 2 million BTC • 25%
Aggregate reports from financial institutions and ETF disclosures
BlackRock's Bitcoin ETF Surpasses Gold Fund Amid $1B Trading Surge
Nov 11, 2024, 11:22 AM
BlackRock's Bitcoin ETF (IBIT) has experienced unprecedented trading volumes and inflows in the past week, surpassing even BlackRock's gold fund, IAU, in assets held. From November 4 to November 8, Bitcoin spot ETFs recorded net inflows of $1.63 billion, with BlackRock's IBIT accounting for $1.25 billion and Fidelity's Bitcoin ETF (FBTC) attracting $295 million. On November 11, IBIT registered $1 billion in trading volume within the first 35 minutes of trading and reached a record $4.1 billion in volume on Wednesday. By 12:20 PM, IBIT's trading volume was near $2.5 billion, while FBTC's volume approached $600 million. This surge has propelled the total assets under management (AUM) of Bitcoin ETFs in the U.S. to over $82 billion, with U.S. Bitcoin ETFs collectively holding a record 1,027,797 Bitcoin. BlackRock's clients now own 446,000 Bitcoin. The inflows come amid a significant rally in Bitcoin's price, which surged over $6,460 during the weekend. Overall, digital asset inflows have reached $1.98 billion post-U.S. election, driving global AUM in digital assets to a record $116 billion.
View original story
Less than $12 billion • 25%
$12 billion to $14 billion • 25%
$14 billion to $16 billion • 25%
More than $16 billion • 25%
Below $2 billion • 25%
$2 billion to $4 billion • 25%
$4 billion to $6 billion • 25%
Above $6 billion • 25%
Less than $120 billion • 25%
$120 billion to $140 billion • 25%
$140 billion to $160 billion • 25%
More than $160 billion • 25%
Below $20 billion • 25%
$20 billion - $25 billion • 25%
$25 billion - $30 billion • 25%
Above $30 billion • 25%
Below $1 billion • 25%
$1 billion - $2 billion • 25%
$2 billion - $3 billion • 25%
Above $3 billion • 25%
Less than $1 billion • 25%
$1 billion to $1.5 billion • 25%
$1.5 billion to $2 billion • 25%
More than $2 billion • 25%
Less than 4,500 BTC • 25%
4,500 to 5,000 BTC • 25%
5,000 to 5,500 BTC • 25%
More than 5,500 BTC • 25%
Below $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $20 billion • 25%
Above $20 billion • 25%
$1.5 billion to $2 billion • 25%
Less than $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $2 billion • 25%
Less than 3% • 25%
3% to 5% • 25%
5% to 7% • 25%
More than 7% • 25%
Other • 25%
BlackRock's IBIT • 25%
Fidelity's FBTC • 25%
Vanguard's VBTC • 25%