![The Ultimate Guide to B2B Marketing in 2025 [New Data + Expert Tips]](https://www.hubspot.com/hubfs/b2btrends.webp)
![The 9 Building Blocks of a Business’s Organizational Structure [With Diagrams]](https://www.hubspot.com/hubfs/business-building-blocks-1-20250109-2858404.webp)
.png)
BlackRock’s Bitcoin ETF surges as investors flock to spot products
The post BlackRock’s Bitcoin ETF surges as investors flock to spot products appeared on BitcoinEthereumNews.com. BlackRock’s Bitcoin ETF received more than $1.05 billion in the past five trading days as investors continue to show more interest in the spot products. BlackRock’s Chief Investment Officer of ETFs, Samara Cohen, confirmed that out of the 80% of direct investors purchasing IBIT, only 5% had owned an iShare, believing there was so much pent-up demand for Bitcoin. BlackRock has long been the major receiver of investor funds among all other ETF providers. In the last five days, it received roughly 50% of the earned net inflows, attracting over $393 million on October 16 alone. Crypto fans flock to invest in BlackRock’s ETFs On October 18, Blackrock received about $70.4 million, marking its lowest inflow of the past five trading days. BlackRock’s chief investment officer for ETFs, attributed the huge inflows to the accumulated demand for Bitcoin and their efforts to educate more investors on the advantages of ETFs. She said: So we went into this journey with the expectation that we needed to educate ETF investors on crypto and on Bitcoin specifically. As it turns out, we have done a lot of education for crypto investors on the benefits of the ETP wrapper. – Samara Cohen She added that out of the 80% of direct investors making IBIT purchases, 75% had never before owned an iShare. US spot Bitcoin ETFs have earned over billions in inflows So far, all the eleven spot Bitcoin ETFs have a cumulative market capitalization of $63 billion, with close to $20 billion coming from inflows. According to Bitcoin ETF tracker, Farside, the 11 spot Bitcoin ETFs earned almost $560 million on October 14 alone, marking their most significant daily inflow since June. Source: Farside Fidelity’s Wise Bitcoin Origin Fund (FBTC) took the daily lead in inflows with $239.3 million—its highest since June—while IBIT…
The post BlackRock’s Bitcoin ETF surges as investors flock to spot products appeared on BitcoinEthereumNews.com.
BlackRock’s Bitcoin ETF received more than $1.05 billion in the past five trading days as investors continue to show more interest in the spot products. BlackRock’s Chief Investment Officer of ETFs, Samara Cohen, confirmed that out of the 80% of direct investors purchasing IBIT, only 5% had owned an iShare, believing there was so much pent-up demand for Bitcoin. BlackRock has long been the major receiver of investor funds among all other ETF providers. In the last five days, it received roughly 50% of the earned net inflows, attracting over $393 million on October 16 alone. Crypto fans flock to invest in BlackRock’s ETFs On October 18, Blackrock received about $70.4 million, marking its lowest inflow of the past five trading days. BlackRock’s chief investment officer for ETFs, attributed the huge inflows to the accumulated demand for Bitcoin and their efforts to educate more investors on the advantages of ETFs. She said: So we went into this journey with the expectation that we needed to educate ETF investors on crypto and on Bitcoin specifically. As it turns out, we have done a lot of education for crypto investors on the benefits of the ETP wrapper. – Samara Cohen She added that out of the 80% of direct investors making IBIT purchases, 75% had never before owned an iShare. US spot Bitcoin ETFs have earned over billions in inflows So far, all the eleven spot Bitcoin ETFs have a cumulative market capitalization of $63 billion, with close to $20 billion coming from inflows. According to Bitcoin ETF tracker, Farside, the 11 spot Bitcoin ETFs earned almost $560 million on October 14 alone, marking their most significant daily inflow since June. Source: Farside Fidelity’s Wise Bitcoin Origin Fund (FBTC) took the daily lead in inflows with $239.3 million—its highest since June—while IBIT…
What's Your Reaction?
