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Blackrock's bitcoin etf recorded a record inflow of funds, with demand surging ahead of the USA election.
Blackrock's bitcoin fund recorded unprecedented net inflows, triggering demand for bitcoin around the speculation of the USA presidential election. Data shows that on Wednesday, approximately 0.872 billion US dollars flowed into the iShares Bitcoin Trust exchange-traded fund, setting a new record for single-day inflows. This product, which has only been established for 9 months, ranks among the top in global ETF subscription volume in 2024. The inflow of funds into this 31 billion US dollar global largest bitcoin fund indicates the emergence of Trump trades as the market enters the countdown to the election day on November 5th. Bitcoin has risen by 13% since October, nearing a record.
Express News | BlackRock's Bitcoin ETF recorded a record inflow of funds on Wednesday.
Express News | HKEX documents show: BlackRock's holdings of Dongfeng Automobile's H shares decreased from 5.19% to 4.65% on October 28th.
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Express News | Blackrock's long position in xpeng's A shares decreased from 6.19% to 5.65% on October 25th.
Express News | BlackRock's long-term stake in China's Mengniu Dairy (2319.HK) has increased from 4.67% to 5.28% on October 25th.
Express News | See chart: The inflow of funds into the usa bitcoin etf reaches the third highest in history. Bitcoin is gathering momentum to hit a new high.