💡ETF inflows drive gains on Bitcoin
Bitcoin has gained over 6.0% and has breached the 60,000 USD level, approaching very close to its historic highs from the 2021 bull run. The dynamic growth in the largest cryptocurrency is driven by positive inflows into ETFs, which to date have amounted to over 6.7 billion USD, including outflows from Grayscale.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appIn the 32 trading days since the launch of ETFs, BlackRock has accumulated Bitcoins valued at over 6.5 billion USD, followed by Fidelity with more than 4.4 billion USD.
Inflows into ETF funds once again demonstrate a higher dynamic of investor's interest in the digital currency. Inflows to BlackRock iShares broke their previous records yesterday. Source: XTB Research
Today, Bitcoin has gained over 6% and is testing the psychological barrier of 60,000 USD for the first time since November 2021. Source: xStation
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
