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[Total Asset Value Of US Spot Bitcoin ETFs Hits Record High After Six Consecutive Days Of Net Inflows] On October 20, 12 US Spot Bitcoin ETFs Set A Record For The Highest Total Net Asset Value Of Funds Since Their Launch In January. These Funds Currently Hold More Than $66.1 Billion Worth Of Bitcoin, Surpassing The Record Of $62.6 Billion Set In Early June. The Value Held By ETFs Accounts For 4.89% Of The Total Market Value Of Bitcoin. These Funds Experienced The Best Trading Week For Inflows Since Early March, With Inflows Of More Than $2.1 Billion, The Fourth Best Week So Far, And Maintained Inflows For Six Consecutive Days. The Recent Rise In Bitcoin Prices Also Helped These Funds Hit New Highs; Bitcoin Prices Have Risen By About 12% From October 10 To The Current Price Of More Than $68,000, Pushing Up The Value Of Each ETF. Since The Close Of October 10 (the Last Trading Day To Record Net Outflows), The Total Value Of Bitcoin Held By These Funds Has Increased By About $11 Billion. Among Them, BlackRock's IBIT Has Increased Its Asset Value By More Than $3 Billion During This Period, Becoming The Single Fund With The Largest Increase
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