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Major asset management firms reported significant inflows in their Bitcoin ETFs following Donald Trump’s victory in the 2024 US presidential election. On Nov. 6, Fidelity’s FBTC saw an inflow of $308.8 million, while BlackRock’s IBIT experienced an outflow of $69.1 million. Grayscale’s GBTC and BTC recorded an inflow of $30.9 million and $108 million, respectively, reversing previous outflows.
Bitcoin’s price surged to a new all-time high of $76,400, breaking its previous record twice since the election. This price increase coincided with the substantial ETF inflows, suggesting renewed institutional interest. Ark’s ARKB reported an inflow of $127 million, and Bitwise’s BITB gained $100.9 million on the same day.

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