Bitcoin Spot ETF Had Total Net Flows of US$237

BlackRock adds 4,000 shares spot Bitcoin ETF to its global bond portfolio, demonstrating confidence in the digital asset and Bitcoin's long-term growth

BlackRock Injects 4,000 Spot Bitcoin ETF Shares

<img src="https://static.bittime.com/cms-static/upload/Black_Rock_Injects_4_000_Spot_Bitcoin_ETF_Shares_32c6656851.webp" alt="BlackRock Injects 4,000 Spot Bitcoin ETF Shares" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;BlackRock adds 4,000 shares spot Bitcoin ETF to its global bond portfolio, demonstrating confidence in the digital asset and Bitcoin's long-term growth potential. Read more about the impact this has on the financial industry.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">BlackRock Injects 4,000 Spot Bitcoin ETF Shares</h2>BlackRock, one of the world's largest asset management firms, has made the addition of a 4,000-share spot Bitcoin ETF to its strategic global bond fund, demonstrating the company's strategic confidence in digital assets.&nbsp;A report from Chao TechFlow, referring to Bitcoin Magazine, stated that this action shows BlackRock's strategy to diversify its portfolio and strengthen its position in the growing crypto asset market.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/cheat-cat-gold-miner-daily-combo-27-agustus-sudah-keluar">Cat Gold Miner Daily Combo Cheat August 27, Out!</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Why a Bitcoin ETF?</h2>Increased regulation and widespread adoption of crypto-based financial products have made Bitcoin ETFs a popular tool for retail and institutional investors to get into the world of digital assets.BlackRock demonstrated its confidence in Bitcoin's stability and long-term growth potential by adding 4,000 shares of its spot Bitcoin ETF.&nbsp;<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Impact on the Financial Industry</h2>It is hoped that BlackRock's actions will influence the conventional financial industry's perception of crypto assets. As more and more large institutions incorporate digital assets into their portfolios, the widespread adoption of Bitcoin and other crypto assets is expected to continue to increase.&nbsp;This will likely allow more crypto-based ETFs and other financial products related to blockchain technology to emerge.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>With the addition of 4,000 Bitcoin ETF spot shares to BlackRock's global strategies bond portfolio, there has been significant progress in the development of digital assets in the conventional financial industry.&nbsp;BlackRock is taking a cautious but confident approach to demonstrate Bitcoin's long-term potential in global markets and expand its investment scope.&nbsp;Investors and other market participants should keep an eye on these developments as they could impact how they invest in the future.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

thumbnail_BlackRock Injects 4,000 Spot Bitcoin ETF Shares

On August 2 2024, the Bitcoin spot ETF experienced a net outflow of US$237 million, showing significant fund movement dynamics. 


<img src="https://static.bittime.com/cms-static/upload/Bitcoin_Spot_ETF_Had_Total_Net_Flows_of_US_237_a75c69f96c.webp" alt="Bitcoin Spot ETF Had Total Net Flows of US$237" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;On August 2 2024, the Bitcoin spot ETF experienced a net outflow of US$237 million, showing significant fund movement dynamics.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a>Although some ETFs experienced large outflows, ETF products such as BlackRock IBIT attracted large net inflows, signaling long-term investor interest in Bitcoin.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Bitcoin Spot ETF Had Total Net Flows of US$237</h2>According to the latest data from SoSoValue released by Shenzhen TechFlow News, the net outflow of Bitcoin spot ETFs on August 2, 2024 was US$237 million. This data shows the dynamics of significant fund movements in Bitcoin spot ETFs, which include various ETF products from several leading investment companies.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Bitcoin ETF Outflow and Inflow Details</h2><img src="https://static.bittime.com/cms-static/upload/Bitcoin_Spot_ETF_Punya_Total_Arus_Bersih_Sebesar_US_237_9a49ab8a26.webp" alt="Bitcoin Spot ETF Had Total Net Flows of US$237" width="934" height="910">Historically, total GBTC net outflows have reached US$19.059 billion, with the Grayscale GBTC ETF recording a single-day net outflow of US$45.9462 million yesterday. The Fidelity ETF FBTC recorded its largest single-day net outflow of US$104 million.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="cara trading di bittime" width="2985" height="620"></a>In contrast, the largest single-day net inflow from a Bitcoin spot ETF yesterday was the BlackRock ETF IBIT, with a net inflow of US$42.8142 million; The Grayscale Bitcoin Mini Trust ETF BTC had total net inflows of US$9.8788 million, with IBIT's current total net inflows being US$20.097 billion.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Total Net Asset Value of Spot Bitcoin ETF</h2>The entire Bitcoin spot ETF has a net asset value of US$57.204 billion, with a net asset value to Bitcoin market value ratio of 4.63%. Throughout history, Bitcoin spot ETF net inflows have reached US$17.507 billion.Data shows that other ETF products continue to attract investment, demonstrating investor interest and confidence in Bitcoin's long-term potential as an investment asset, although some ETFs experienced significant outflows. Investors looking for market confidence indicators for Bitcoin and related investment products should pay attention to these trends.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>Fund movements in Bitcoin spot ETFs can indicate dynamic market sentiment and can be an important signal for investors when they make investment decisions. With Bitcoin spot ETF net outflows amounting to US$237 million yesterday, volatility is still a concern for investors with some types of ETFs, such as the BlackRock ETF IBIT, which recorded large net inflows.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.