Bitcoin ETF Inflows Exceed $1 Billion This Week
Bitcoin ETFs have seen a significant increase in inflows, with over $1 billion pouring in this week alone. Data from Nov. 18 showed total ETF inflows at $254.8 million, which then surged to $816.4 million on Nov. 19.
Key Highlights:
- ARKB led with inflows of $267.3 million on Nov. 19
- FBTC followed closely with $256.1 million in inflows
- IBIT recorded $216.1 million in inflows on the same day
- Bitcoin reached a new all-time high of $93,900 on Nov. 19
Investor Preferences and Trends
Some ETFs, such as BTCO and EZBC, reported zero inflows on both days, indicating a clear preference among investors for certain funds. Grayscale’s GBTC also experienced an increase in inflows, rising from $5.8 million to $16.2 million between the two days.
Analyst
Liam ‘Akiba’ Wright
Also known as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.
