Faster global financial news!
Spot Bitcoin ETFs See $1.07 Billion Inflows in Three Days, Erasing October Losses to Net $460 Million Gain
Spot Bitcoin ETFs have attracted approximately $1.07 billion in inflows over the past three trading sessions, including $524.8 million on Wednesday. This surge has reversed October's previous losses, pushing the funds to a net gain of roughly $460 million for the month. BlackRock's IBIT accounted for all of Monday's $526.7 million inflow. Cumulative net inflows since launch now stand at $58.4 billion, with total net assets at $100.8 billion. Despite the strong ETF inflows, Bitcoin and Ethereum prices slipped, with Bitcoin trading at around $81,470 (down 2.4% in 24 hours) and Ethereum at roughly $2,393 (down 2.6%). J.P. Morgan Asset Management also projected a 10% compound annual return for Bitcoin over the next 10 to 15 years.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Three companies have notified the U.S. SEC of their plans to launch tokenized stock trading.
-
2
Meta's Q3 revenue and Q4 guidance both exceeded expectations, with the company raising its AI capital expenditure and proposing to issue new non-voting shares, leading to a 6% surge in after-hours trading.
-
3
Anthropic launches AI agent Claude Duet, capable of continuous background operation and proactive task execution
-
4
Treasury Secretary Bessent dismisses 'systemic' AI risks
-
5
Robert Sicari, a former Brevan Howard fund manager, has been sued by a quant trader colleague at his new fund, who alleges Sicari withheld millions of dollars in trading profits.
-
6
Blackstone Executives Say Concerns About AI Infrastructure Debt Are Overblown
-
7
OpenAI says its AI model found a critical PHP vulnerability, leading to government websites in multiple countries going offline.
-
8
CICC: Suggest increasing gold allocation to hedge AI asset risks, dollar depreciation trade is an effective strategy
-
9
Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructure builders.
-
10
Treasuries Slide After Middle East Strife Report Spurs Oil Gains
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
