BlockBeats news reported on November 1, 2024, that the price of Bitcoin increased from US$63,300 to US$70,200 during October. According to Trader T monitoring, the month witnessed a net inflow of ETF amounting to US$5.346 billion, while the BTC net inflow reached 77,169 units. Apart from these figures, the second largest monthly net inflows included:
– BlackRock added 66,309 Bitcoins, contributing to an inflow of $4.638 billion. The company’s total Bitcoin holdings reached 433,713 units.
– Fidelity reported a net inflow of $497 million.
– Bitwise saw a net inflow of $137 million.
– ARKInvest experienced a net outflow of $77 million.
– Lastly, Grayscale had a net flow of zero, with a GBTC net outflow of $66 million and BTC net inflow of $66 million.
