COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin ETF Trading Volume Reaches Record Highs in the U.S.
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Bitcoin ETF Trading Volume Reaches Record Highs in the U.S.
Cryptocurrency News

Bitcoin ETF Trading Volume Reaches Record Highs in the U.S.

In Brief

  • Spot Bitcoin ETF trading volume reached a record $4.75 billion in the U.S.

  • BlackRock's IBIT ETF saw the largest daily inflow in seven months.

  • Spot Ethereum ETFs also experienced positive net inflows on the same day.

Ömer Ergin
Ömer Ergin 7 months ago
Share
SHARE

On Tuesday, the total daily trading volume of spot Bitcoin $108,157 ETFs in the U.S. hit a record $4.75 billion, up from $3 billion the previous day, indicating a surge in investor interest. Daily net inflows also reached $870 million, the highest level seen since the first week of June. BlackRock’s spot Bitcoin ETF, IBIT, attracted significant attention with a net inflow of $642.87 million, marking the largest single-day inflow in the past seven months.

Contents
Growth in IBIT and Other ETFs’ Trading VolumesSpot Ethereum ETFs Also Witness Positive Inflows

Growth in IBIT and Other ETFs’ Trading Volumes

BlackRock’s IBIT ETF recorded a daily trading volume of $3.36 billion, the highest level since March. Additionally, Fidelity’s FBTC saw a net inflow of $133.86 million, while Bitwise’s BITB ETF reported $52.49 million in net inflows. VanEck’s HODL ETF recorded a net inflow of $16.52 million, and ARK and 21Shares’ ARKB ETF noted a net inflow of $12.39 million. No inflows were reported for the other five spot Bitcoin ETFs.

Bloomberg’s senior ETF analyst Eric Balchunas described the high trading volume for IBIT as “somewhat strange,” noting that such spikes typically occur during downturns or crises. He mentioned that sometimes a fear of missing out (FOMO) effect can lead to price surges and indicated that significant inflows might continue this week.

As of the article’s preparation, Bitcoin was trading at $72,471, having risen 2.21% in the past 24 hours. The leading cryptocurrency briefly reached $73,200 yesterday, suggesting sustained interest in cryptocurrency ETFs among investors.

Spot Ethereum ETFs Also Witness Positive Inflows

On Tuesday, spot Ethereum $2,555 ETFs in the U.S. recorded positive net inflows totaling $7.65 million. BlackRock’s ETHA ETF saw an inflow of $13.62 million, while Grayscale’s ETHE recorded a net outflow of $5.97 million. Other seven Ethereum ETFs did not report any inflows or outflows, and the total trading volume of spot Ethereum ETFs rose to $280.55 million, surpassing the previous day’s level of $187.49 million.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Peter Schiff Criticizes the Boom of Stablecoin Usage in the US

Tesla Holds $1.25 Billion in Bitcoin: Inside Their Bold Crypto Strategy

Analysts Celebrate Bitcoin’s Dip for Bigger Gains Ahead

Trump Shakes the Markets with Controversial Decisions

The US Senate Prepares a New Crypto Law That Might Define Industry Standards

Ömer Ergin 30 October, 2024 - 10:24 am 30 October, 2024 - 10:24 am
Share This Article
Facebook Twitter
Share
Previous Article Matt Hougan Highlights Potential for Bitcoin Price Increase without Dollar Depreciation
Next Article Crypto Market Experiences Significant Surge Over the Last 24 Hours
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Peter Schiff Highlights Gold’s Dominance Over Bitcoin in Central Bank Reserves
Bitcoin (BTC)
Binance Empowers Entertainment Industry with Exciting New Altcoin Launch
Altcoin News Binance
Bitcoin Soars to New Highs as XRP Faces Market Challenges
Ripple (XRP)
Bitcoin’s Potential Pullback: Will the Golden Cross Trigger a Correction?
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?