On November 8, Bloomberg ETF analyst Eric Balchunas reported that Bitcoin ETFs saw a record-breaking net inflow of $1.4 billion, with IBIT contributing $1.1 billion. In total, monthly inflows reached $6.7 billion, and year-to-date inflows were at $25.5 billion. The day saw the purchase of 18,000 Bitcoins, which is more than the 450 Bitcoins mined that day.
Current total holdings of U.S. Bitcoin spot ETFs are at 93% of the 1.1 million Bitcoins held by Satoshi Nakamoto.
