{"id":593514,"date":"2024-10-31T12:49:46","date_gmt":"2024-10-31T12:49:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593514"},"modified":"2024-10-31T12:49:46","modified_gmt":"2024-10-31T12:49:46","slug":"blackrocks-bitcoin-etf-hits-record-872m-inflow-as-btc-etfs-combined-near-satoshi-nakamotos-bitcoin-stash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/blackrocks-bitcoin-etf-hits-record-872m-inflow-as-btc-etfs-combined-near-satoshi-nakamotos-bitcoin-stash","title":{"rendered":"BlackRock\u2019s Bitcoin ETF Hits Record $872M Inflow as BTC ETFs Combined Near Satoshi Nakamoto\u2019s Bitcoin Stash"},"content":{"rendered":"
BlackRock’s iShares Bitcoin Trust (IBIT) saw a record $872 million in net inflows on Oct. 30 as cumulative BTC held by US Bitcoin ETF (exchange-traded fund) products closed on the 1.1 million held by Bitcoin creator Satoshi Nakamoto.<\/span><\/p>\n Overall, <\/span>U.S. Bitcoin ETFs<\/span><\/a> registered nearly $900 million in inflows on Wednesday alone, as Bloomberg ETF analyst Eric Balchunas said they are gobbling up BTC ‘’like Pac-Man on a bender.’’<\/span><\/p>\n Ok we gonna need to move up our predictions as yest alone the btc ETFs gobbled up over 12k coins like Pac-Man on a bender, now hold 996k btc- good chance to pass 1 million today (as the ridic volume yest likely to translate to big flows tonight). Legit shot to get to Satoshi by… https:\/\/t.co\/Ua9GzhsBwE<\/a> pic.twitter.com\/84bBprhi6I<\/a><\/p>\n — Eric Balchunas (@EricBalchunas) October 30, 2024<\/a><\/p><\/blockquote>\n\n