NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

Ash Tiwari
Ash Tiwari
1 year ago
3 mins read
bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms.

BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs?

BlackRock forayed into the Bitcoin ETF space when the US Securities and Exchange Commission (SEC) approved IBIT in January 2024.

Dubbed the world’s largest asset manager with a total asset-under-management (AUM) of $9 trillion, BlackRock’s entry into the nascent crypto ETF ecosystem was met with much enthusiasm by investors as it not only brought a degree of sophistication but also exhibited institutional approval toward the industry.

Related Reading

BlackRock Bitcoin

BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target

1 year ago

Yesterday, the asset manager’s regulated financial product pulled $15.8 million in daily net inflows, a first since August 26, 2024. The net inflow of funds into IBIT was strong enough to push the wider US spot Bitcoin ETF market into green territory, with a combined net inflow of $12.8 million.

IBIT’s three weeks of no net daily inflows consisted of 11 days with zero flows, while two days – August 29, and September 9 – saw net daily outflows to $13.5 million and $9.1 million, respectively.

Looking at the performance of other spot Bitcoin ETFs, Grayscale’s GBTC product witnessed a net daily outflow of $20.8 million. At the same time, Fidelity’s FBTC, Franklin Templeton’s EZBC, and VanEck’s HODL experienced a net daily inflow of $5.1 million, $5 million, and $4.9 million, respectively.

According to data from cryptocurrency ETF tracker SoSoValue, BlackRock’s IBIT reigns supreme among US-based spot Bitcoin ETFs, with an enviable cumulative net inflow of $20.9 billion since the product’s inception early this year. FBTC follows this with $10.1 billion, Ark and 21Shares’ ARKB with $2.6 billion, and Bitwise’s BITB with $2.2 billion. 

In contrast, GBTC has witnessed a cumulative net outflow of $20 billion. Analysts blame the product’s exorbitant fee of 1.5% as a major reason for GBTC’s performance to date. For comparison, IBIT has a fee of 0.21%.

Spot Ethereum ETFs Continue Their Lackluster Performance

While spot Bitcoin ETFs ended the day with a combined net inflow of $12.8 million, spot Ethereum ETFs experienced a combined net outflow of $9.4 million.

Akin to its Bitcoin ETF, Grayscale’s Ethereum ETF (ETHE) witnessed a net daily outflow of $13.8 million, followed by Bitwise’s ETHW with a $2.1 million net outflow. Only Grayscale’s mini Ethereum ETF (ETH) successfully attracted net inflows worth $2.3 million.

Related Reading

Ether

Ether Liquidity Plummets 40% On Exchanges After ETF Debut

1 year ago

Since their approval in May 2024, Ethereum ETFs haven’t performed as well as Bitcoin ETFs when attracting significant inflows.

The tepid performance of Ethereum ETFs is reflected in the digital asset’s price as it continues to underperform against Bitcoin. Ethereum trades at $2,307 at press time, slightly up by 0.6% in the past 24 hours. 

ethereum
Ethereum is testing its range lows on the weekly chart | Source: ETHUSDT on TradingView.com
Featured image from Unsplash, Chart from Tradingview.com
Tweet123Share196ShareSend
Ash Tiwari
Ash Tiwari

Ash Tiwari

Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand.

Read more

Ash’s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance.

In the NFT space, Ash’s interest is driven by the technology’s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash’s research in this area often touches on the intersection of culture, technology, and community-driven projects.

A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash’s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution.

When it comes to communicating these complex topics, Ash’s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights.

Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain’s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries.

Ash’s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash’s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ethereum

Ethereum Correction Over? Binance Funding Rates Signal ETH Surging To $6,800

Ethereum (ETH) may be nearing the end of its price correction, as the second-largest cryptocurrency by market cap continues to...

Ash Tiwari 5 hours ago
Crypto

October 10th Crypto Crash: Expert Foresees New Wave Of Lawsuits Against ‘Manipulators’

On October 10, the crypto market experienced its largest liquidation event in history, prompting experts like MartyParty to predict a...

Ronaldo Marquez 6 hours ago
bitcoin btc btcusd

Bitcoin Faces Bearish Pressure Near $111K Support After Failing to Extend All-Time Highs

Bitcoin (BTC) is once again testing critical support above $111,000, with traders debating whether the recent pullback marks the start...

James Halver 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Crypto news

Crypto Bulls Smell Blood: SOFR–RRP Spread Hints QT Pivot By October

Jake Simmons 39 minutes ago
Ethereum : TVL record, activité on-chain et devs en hausse — vers la blockchain n°1.

Ethereum : TVL record, activity on-chain, devs — vers la blockchain n°1

evanss 2 hours ago
crypto

Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So

Rubmar Garcia 3 hours ago

Premium Sponsors

Press Releases

  • Các Meme Coin Tiềm Năng Nên Mua Khi Elon Musk Có...

    1 hour ago
  • Potential coins

    Các Đồng Coin Tiềm Năng 1000x? Bitcoin Hyper Chuẩn...

    1 hour ago
  • Best altcoins

    Các Altcoin Hàng Đầu Nên Mua Khi Cặp ETH/BTC Đang...

    1 hour ago
  • ドージコイン 今後の価格予測:強気ダイバージェンスが示す新たな上昇のチャンス

    ドージコイン...

    20 hours ago
  • リップル 今後の見通し:6,300万ドルの売却が発生も、賢い投資家はすでに買い増し開始

    リップル...

    20 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.