Bitcoin ETFs record $621 million inflow amid rare BlackRock outflow following US election

Liam ‘Akiba’ Wright

Major asset management firms reported significant inflows in their Bitcoin ETFs following Donald Trump’s victory in the 2024 US presidential election. On Nov. 6, Fidelity’s FBTC saw an inflow of $308.8 million, while BlackRock’s IBIT experienced an outflow of $69.1 million. Grayscale’s GBTC and BTC recorded an inflow of $30.9 million and $108 million, respectively, […]

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Bitcoin ETFs record $621 million inflow amid rare BlackRock outflow following US election