Donald Trump Also Positively Impacted Bitcoin ETFs: Inflows Exceeded $1.6 Billion in Four Days! Here Are the Details!

CoinMarketCap10-17 17:39

As the probability of Donald Trump winning the US presidential election continues to rise in Polymarket, Bitcoin is also reacting positively to the situation. As BTC rose above $68,000 in the face of ...

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Here Are the Details!\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-17 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/6710db4fba9cca1e594d8e20/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the probability of Donald Trump winning the US presidential election continues to rise in Polymarket, Bitcoin is also reacting positively to the situation.\nAs BTC rose above $68,000 in the face of ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6710db4fba9cca1e594d8e20/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HODL","symbol_name":"VanEck Bitcoin Trust ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/6710db4fba9cca1e594d8e20/","article_id":"2476111006","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/2a03b5018c854188a397183ecb903d0d.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476111006","pubTimestamp":1729157963,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"As the probability of Donald Trump winning the US presidential election continues to rise in Polymarket, Bitcoin is also reacting positively to the situation.As BTC rose above $68,000 in the face of Trump's rising rates, interest in ETFs has also increased and inflows continue to occur.According to Farside Investors data, yesterday, October 16, there was a total net inflow of $458.5 million into spot Bitcoin spot ETFs.Since Friday until yesterday , net money inflows into spot Bitcoin ETFs totaled $1.639 billion, with the total inflows of nine BTC ETFs exceeding $20 billion for the first time since their launch.With the latest inflows, Bitcoin ETFs saw net inflows for 4 consecutive days, with the largest inflow being to BlackRock ETF IBIT. 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While BlackRock ETF saw an inflow of $393 million, Fidelity ETF FBTC saw an inflow of $14.8 million.\nLooking at other ETFs, Bitwise (BITB) saw $12.9 million in inflows; Ark Invest (ARKB) saw $11.5 million and Franklin Templeton (EZBC) saw $11.8 million.\n\nBitcoin ETF Flow (US$ million) – 2024-10-16\nTOTAL NET FLOW: 458.5\nIBIT: 393.4FBTC: 14.8BITB: 12.9ARKB: 11.5BTCO: 6.4EZBC: 11.8BRRR: 1.9HODL: 5.8BTCW: 0GBTC: 0BTC: 0\nFor all the data & disclaimers visit:https://t.co/Wg6Qpn0Pqw\n— Farside Investors (@FarsideUK) October 17, 2024\n\nSpot Ethereum ETFs also experienced one of the highest inflows in recent days, seeing a net inflow of $24.2 million on October 16.\nBlackRock, which made a significant difference to its competitors in Bitcoin ETFs, ranked first in Ethereum. Accordingly, BlackRock experienced an inflow of $ 11.9 million, while only two ETFs other than BlackRock experienced inflows.\nApart from BlackRock's ETHA, Fidelity ETF FETH and VanEck ETF ETHV saw inflows. Other ETFs saw 0 inflows.\n*This is not investment advice.\n Continue Reading: Donald Trump Also Positively Impacted Bitcoin ETFs: Inflows Exceeded $1.6 Billion in Four Days! Here Are the Details!","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Economic Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2476111006"}