{"id":83150,"date":"2024-08-11T21:52:11","date_gmt":"2024-08-11T21:52:11","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2024\/08\/11\/spot-bitcoin-etfs-saw-largest-inflows-in-two-weeks\/"},"modified":"2024-08-11T21:52:11","modified_gmt":"2024-08-11T21:52:11","slug":"spot-bitcoin-etfs-saw-largest-inflows-in-two-weeks","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2024\/08\/11\/spot-bitcoin-etfs-saw-largest-inflows-in-two-weeks\/","title":{"rendered":"Spot Bitcoin ETFs Saw Largest Inflows in Two Weeks"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MTc5Mjk3ODU2NDEwNjkxMjY3\/wall-street-blockchain-alliance-launches-educational-platform-for-financial-markets.jpg\" \/><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitcoin-etf\">Bitcoin spot ETFs<\/a> recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this week amid a global market selloff.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">NEW: \ud83c\uddfa\ud83c\uddf8 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> ETFs saw $192 million in inflows, the highest in over two weeks.<\/p>\n<p>The tides are turning \ud83d\ude80 <a href=\"https:\/\/t.co\/y7Ra6NK4jA\">pic.twitter.com\/y7Ra6NK4jA<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1821826588343685222?ref_src=twsrc%5Etfw\">August 9, 2024<\/a><\/p><\/blockquote>\n<p>The inflows helped propel Bitcoin back above $60,000 on Friday. It represents a swift reversal after Bitcoin plunged nearly 20% to its lowest level since February.<\/p>\n<p>The <a href=\"https:\/\/bitcoinmagazine.com\/tags\/blackrock\">BlackRock<\/a> iShares Bitcoin Trust (IBIT) led the bounce back, with inflows of $157.6 million on Thursday. The <a href=\"https:\/\/bitcoinmagazine.com\/tags\/wisdomtree\">WisdomTree<\/a> Bitcoin Trust (BTCW) also had a standout day, attracting over $118.5 million in fresh capital\u2014its largest single-day haul since launching.<\/p>\n<p>BTCW has generally lagged behind rivals, struggling to break $11 million in daily inflows since debuting in January. Its prior record was $10.5 million. But Thursday&#8217;s surge made it the top performer.<\/p>\n<p>The inflows provide evidence of renewed appetite for Bitcoin exposure after a wave of selling earlier in the week, which also battered stock markets like the Nasdaq. Last Friday&#8217;s disappointing U.S. jobs report triggered recession fears.<\/p>\n<p>The bounce back in prices and inflows suggests the Bitcoin selloff may have been a temporary blip rather than the start of a new bearish trend. The recovery to $60,000 has bulls eyeing a retest of all-time highs above $73,000 in 2024.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/spot-bitcoin-etfs-saw-largest-inflows-in-two-weeks\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin spot ETFs recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this<\/p>\n","protected":false},"author":1,"featured_media":83151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[151],"tags":[],"class_list":["post-83150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/83150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=83150"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/83150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/83151"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=83150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=83150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=83150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}