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Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows Coinpedia 22 Nov 2024

Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows 🚀

USA Bitcoin ETFs BlackRock

Bitcoin has achieved a new milestone by crossing the $99,000 mark. This remarkable increase in value coincides with a significant inflow of funds into Bitcoin ETFs, totaling $842.74 million on November 21. This influx involved the acquisition of 8,585 Bitcoins.

Leading the ETF inflows was BlackRock's iBit, which acquired 6,644 Bitcoins valued at $652 million. This purchase has increased BlackRock's total Bitcoin holdings to 481,270 Bitcoins, which are now worth an impressive $47.24 billion, highlighting the growing mainstream acceptance and investment in Bitcoin.

Source: coinpedia.org ↗

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