The post Bitcoin ETF Inflows Surge: BlackRock’s Massive $1.1B Mark appeared first on Coinpedia Fintech News
BlackRock’s spot Bitcoin ETF has pulled off something huge. On November 7, this fund saw a mind-blowing $1.119 billion in inflows—an impressive recovery after losing $113 million just two days before. To put it into perspective, BlackRock’s fund made up a massive 82% of all spot Bitcoin ETF inflows that day. With Bitcoin hitting record prices, it seems investors can’t get enough of it. So, what’s driving this wave of excitement?
Bitcoin Hits Record High, Fueling More Interest
Bitcoin’s price recently hit an all-time high of $76,943, just a day after reaching $76,500. And this rally didn’t happen in a bubble; it came right after Donald Trump’s recent political win, which many see as a plus for crypto. Some market analysts think his pro-crypto stance could push Bitcoin even higher, with a few boldly predicting it might reach $100,000 before long. In
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