American Bitcoin ETFs had their second best day in history this Thursday (10), totaling $1.17 billion in inflows. Highlights include the funds from managers BlackRock, Fidelity, and Ark Invest.
As a consequence of these purchases, Bitcoin broke its previous all-time high of $112,000. At the time of this writing, the cryptocurrency is trading above $118,000.
Meanwhile, Ethereum ETFs had purchases of $383.1 million, also the second largest since their launches. While BTC rises 6.3% in the last 24 hours, ETH gains 7.7% in the same period.
Bitcoin ETFs see billion-dollar inflows on day of new highs
The largest inflow into Bitcoin ETFs remains from November 7, 2024, totaling $1.38 billion in contributions. Regardless, the purchases of $1.18 billion this Thursday (10) also go down in history.
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In addition to being the second largest since the launch of ETFs in January 2024, they also helped Bitcoin reach a new price peak.
