The world’s largest asset manager with $ 10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places Ishares Bitcoin Trust (IBIT), which has amassed approximately 274K bitcoins since its launch, among the top 10 ETFs with the longest daily inflow …
Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC
Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $ 59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below the 300,000 mark, as it recorded a holding of 304,970.43 bitcoins …
US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $ 203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $ 84.7 million in net outflows on April 1, the ETFs have since rebounded, gathering $ 569.4 million in net inflows. …
Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $ 887.6 million. After a Week of Outflows, Bitcoin ETFs Bounce Back Strong …
Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows
In an unprecedented surge, global crypto investment products experienced a historic influx of $ 2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $ 2.7 Billion Flows Into Crypto Investments in a Historic Week The record-breaking week saw digital asset investment …