Tag

Inflows

All articles tagged with #inflows

business6 months ago

BlackRock's Assets Reach $12.5 Trillion Amid Market Volatility

BlackRock experienced its lowest quarterly inflows in over a year due to a major client withdrawal in Asia, but overall assets under management reached a record $12.5 trillion, driven by market rally and currency swings. The firm is shifting focus towards private investments and technology to sustain growth, with significant acquisitions and fundraising efforts.

finance1 year ago

Bitcoin ETF Inflows Surge Past $300M Amid Investor FOMO

Spot bitcoin ETFs have seen over $16 billion in inflows since January, with $300 million added on Monday alone, marking a seven-day streak of net inflows. BlackRock’s iShares Bitcoin Trust (IBIT) led with $117.2 million, and the strong inflows come as bitcoin rebounds to $64,600. This trend contradicts bearish views that ETF interest would wane during market downturns.

cryptocurrency1 year ago

"Bitcoin ETF Inflows Surge to Record $200M Daily Amid Crypto Rally and Wall Street Shift"

The ARK 21 Shares Bitcoin ETF (ARKB) saw inflows of over $200 million for the first time, as the overall bitcoin ETF market experienced net inflows of $243.4 million, with BTC hovering around $72,000. ARKB became the third bitcoin ETF to reach this milestone in a single day, following BlackRock's IBIT and Fidelity's FBTC, which saw record low and high inflows, respectively.

cryptocurrency1 year ago

"Bitcoin ETFs See Record Weekly Inflows and Trading Volume"

U.S. spot bitcoin ETFs saw record weekly inflows of $2.57 billion and trading volume of $35.1 billion, with BlackRock's IBIT leading in both categories. However, Grayscale's GBTC fund experienced $1.25 billion in outflows. The bitcoin price hit a new all-time high of $73,836 before dropping over 12% to $64,505, with the broader crypto market also experiencing a decline.

finance1 year ago

Bitcoin ETFs Draw Record $1B Inflows, BlackRock and MicroStrategy Duel for Dominance

On March 12, net spot bitcoin ETF inflows surpassed $1 billion, with Blackrock's IBIT product seeing a record $849 million inflow. This marks another day of record inflows for recently approved spot bitcoin exchange-traded funds in the United States, bringing total net bitcoin ETF inflows since Jan. 11, 2024 to $11.1 billion. Spot bitcoin ETFs now hold over 90% of the daily trading volume market share for ETFs offering bitcoin exposure, while bitcoin futures ETFs claim just 10% of the market share. The success of U.S. spot Bitcoin ETFs has exceeded expectations, with inflows approaching what was anticipated for the first year, and potential for further increases due to various factors.

cryptocurrency1 year ago

"Institutional Capital Inflows Propel Bitcoin Funds to Record Highs Despite ETF Slowdown"

Despite a slight slowdown from the record-breaking inflows earlier this month, cryptocurrency funds received $598 million last week, with most of the cash going into Bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares ETF and Fidelity’s Wise Origin Bitcoin Trust. The approval of 10 spot Bitcoin ETFs by the Securities and Exchange Commission has driven interest in derivative products, pushing the price of Bitcoin up. While Grayscale's new ETF experienced significant outflows, overall investor interest in ETFs remains strong, with rumors of significant buying. Additionally, Ethereum, Chainlink, and XRP funds also saw inflows, and Bitcoin's price has reached a high not seen since 2021, trading at $53,418 per coin.

finance1 year ago

"Investors Pour Nearly $600M into Bitcoin ETFs, Driving Spot Market Surge"

Digital-asset investment products saw inflows of nearly $600 million last week, with year-to-date inflows exceeding $5.7 billion, driven by the new U.S. spot Bitcoin ETFs. Funds from asset managers like Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares registered their fourth consecutive week of inflows. Bitcoin-based funds led the inflows, while Ether, Chainlink, and XRP investment products also saw significant inflows. However, Solana investment products witnessed outflows due to the network's recent downtime. Additionally, blockchain equities saw continued outflows, indicating caution among equity investors.

cryptocurrency1 year ago

"Rising Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds as Crypto Funds Hit Record High"

Analysts note increased inflows into bitcoin exchange-traded funds (ETFs) and products, potentially posing a long-term threat to gold's status as the primary store-of-value. Data shows substantial net flows into global bitcoin ETFs, particularly in the U.S., while gold experiences net negative flows. This trend reinforces confidence in bitcoin's dual role as a 'risk-on' investment and a safe-haven asset, with expectations that bitcoin may disrupt gold as the prime store-of-value in the future.

cryptocurrency1 year ago

"Bitcoin ETFs Surpass Gold Funds in Inflows, BlackRock Leads the Way"

Bitcoin fund inflows have surpassed those of traditional gold funds, with Bitcoin spiking to $52,000 this week. Analysts note that Bitcoin flows have stabilized and are on the rise again, potentially surpassing prior highs, while gold funds have seen a steady decline. The comparison between the two assets raises questions about their effectiveness as inflation hedges, but Bitcoin is currently showing strength in the market.