Bitcoin ETFs Attract Record $1.5 Billion in a Single Day

On November 7, Bitcoin ETFs set a new record by attracting single-day net inflows of $1.5 billion. This marks the largest one-day inflow in the history of cryptocurrency ETFs.

BlackRock’s iShares Bitcoin ETF (IBIT) contributed the majority of these investments, bringing in $1.1 billion. IBIT’s trading volume reached $1 billion within the first 35 minutes of the trading session, indicating high demand from institutional and retail investors.

The total assets under management for Bitcoin ETFs now exceed $60 billion. Bitcoin ETFs saw $5 billion in inflows over the week, highlighting the growing interest in cryptocurrencies amid global financial instability.