The Bitcoin ETF has set a new record for daily inflow volume. In one day, more than $1 billion in bitcoin spot funds were received; Almost all of the money was raised by the BlackRock fund, which previously became the largest holder of bitcoins in the world.
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Bitcoin spot ETFs attracted more than $1 billion in one trading session, marking a record for one-day inflow volume into a Bitcoin ETF, The Block noted.
More than 80% of the amount raised ($849 million) was raised by the cash fund of the investment company BlackRock. A day earlier, he became the largest Bitcoin holder in the world, surpassing the American company MicroStrategy.
Bitcoin ETFs were launched in early January: since then, the total inflow of money into these funds has exceeded $4 billion and the assets of the top 10 Bitcoin ETFs are estimated at $58.7 billion .
The launch of a Bitcoin ETF sparked the start of a rapid rise in the price of the first cryptocurrency. In March alone it updated its all-time high three times.
Author:
Kirill Bilyk
Source: RB
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