In the last five trading days, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales. Of the 80% of direct investors buying IBIT, BlackRock's chief investment officer of ETFs and index investments says 75% had never before owned an iShare.

BlackRock’s Bitcoin ETF received more than $1.05 b in the past five trading days as investors continue to show more interest in the spot products.

Impressively,7, BlackRock's IBIT amassed net inflows of $309 million, bringing the net US Bitcoin ETFs inflow to over $470 million.

"Crypto is the rare instance, where the difference in election outcome could determine the destiny of the industry," a Wall Street analyst said.

Four mystery accounts dished out $30 million of crypto on bets that Trump will win White House - ‘There’s strong reason to believe they are the same entity,’ a crypto expert said