Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow.

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	Forwarded this email? Subscribe here for more BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow. CryptoSlate Nov 8   READ IN APP   Happy Friday! BlackRock's spot Bitcoin ETFs are making headlines with a historic inflow of $1.1 billion, marking the best day ever for this investment vehicle. This surge comes as the crypto market remains bullish following the Federal Reserve's recent 25 basis point rate cut, which many believe was already priced in, leading to a stable market reaction. Meanwhile, political shifts are in play as the Trump administration considers Dan Gallagher, Robinhood's legal chief, for the SEC chair role—a move that could have significant implications for the crypto landscape. As BlackRock's ETF experiences a 20% growth in net assets during Q3, the momentum in the crypto market shows no signs of slowing down. LATEST SLATECAST 🎙️ OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution The global crypto market cap is $2.51 trillion, with a 24-hour volume of $133.69 billion. The price of Bitcoin is $76,347.96, and BTC market dominance is 60.2%. The price of Ethereum is $2,936.26, and ETH market dominance is 14.1%. The best-performing sector is Insurance, which gained 13%. The Crypto Fear & Greed Index is currently Greed (75). BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow. 📰 Top News Crypto market remains bullish following Fed rate cut The 25bps cut was likely priced in, prompting no immediate reaction by risk assets markets. Trump administration considering Robinhood legal chief for SEC chair role Dan Gallagher is a favored candidate among crypto executives who contributed significantly to Trump's campaign and is currently the frontrunner for the top SEC role. BlackRock’s spot Bitcoin ETF records 20% growth in net assets during Q3 Moreover, only 0.28% of IBIT's Bitcoin stash was sold to cover redeemed shares since launch, indicating user retention. Ad: TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions TRON-Peg USD Coin ensures transparent, secure transactions and is seamlessly audited by ChainSecurity. 📈Latest Insights BlackRock Bitcoin ETF surpassed YTD flows of 3,000 US ETFs in a single day, becomes top 3 ETF Transform DeFi with EverValue's Bitcoin-Backed Token EverValue's Bitcoin-backed EVA token drives DeFi growth, raising 75+ BTC & 120K USDT, with 100+ BTC in its Burn Vault. #ad Invest in Bitcoin-backed EVA Token Today 🗞️ More News Galaxy Digital explores AI potential in response to Bitcoin mining slowdown Detroit becomes first city to fully adopt crypto payments for taxes, fees DEGEN L3 migration hindered by Conduit standoff and financial losses Kraken lawyer slams SEC legal strategy, draws parallels to Ripple case misstep Coinbase’s Brian Armstrong champions ‘crypto mom’ Hester Peirce for SEC chair Your Keys, Your Bitcoin: Bitamp’s Open-Source Wallet for Total Security Take full control of your Bitcoin with Bitamp’s open-source wallet, designed for maximum security and privacy. No third parties, no tracking—just a seamless, private experience with your own keys. #ad Create Bitamp Bitcoin Wallet Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe