The world’s largest asset manager, BlackRock, accumulated more than $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs.

On Nov. 7, BlackRock’s spot Bitcoin ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data .

Bitcoin hits nearly $77K

It came on a day when Bitcoin ( BTC ) again hit all-time highs, reaching $76,943, according to CoinMarketCap data .

IBIT’s inflows represented almost 82% of inflows generated by the 11 United States-listed spot Bitcoin ETFs on the day, which amounted to $1.34 billion in total.

The Fidelity Wise Origin Bitcoin Fund saw the second-highest inflows at $190.9 million, followed by the ARK 21Shares Bitcoin ETF (ARKB) with $17.6 million.

BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high image 0

Spot Bitcoin ETFs saw a total of $1.34 billion in inflows on Nov. 7. Source: CoinGlass

Several traders anticipate that there would be more significant inflows in the days to come.

“Expect another massive day tomorrow,” crypto trader The Bitcoin Therapist told their 141,400 X followers.

Financial analyst Rajat Soni shared the news with his 100,400 X followers, declaring they should “buckle up.”

“Welcome to PumpVember,” crypto commentator Zia ul Haque added .

Large inflow day follows surging trading volume

Bloomberg ETF analyst Eric Balchunas said he was “surprised” by the size of the inflows, despite expecting a big number based on the previous day’s trading volume.

“Told y’all it was prob gonna be big, altho even I am surprised it’s that big, by far biggest one day flow of any btc etf ever,” Balchunas wrote in a Nov. 7 X post .

BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high image 1

Source: Eric Balchunas

On Nov. 6, Balchunas pointed out that the IBIT Bitcoin ETF saw nearly $1.1 billion in trading volume in the first 20 minutes after the market opened after Donald Trump prevailed in the presidential election .

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.