BlackRock’s Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers...

BlackRock’s Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K

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Source: Coindesk.com

BlackRock’s IBIT product experienced a significant inflow of over $290 million on Tuesday, marking its highest one-day inflow this month and since April. Overall, ETFs saw nearly $300 million in net inflows on Tuesday, with Grayscale’s GBTC showing a five-day streak of inflows.

A popular bitcoin (BTC) spot exchange-traded fund (ETF)

Read More https://www.coindesk.com/markets/2024/05/22/blackrocks-spot-bitcoin-etf-records-biggest-inflows-since-april-as-btc-hovers-at-70k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "BlackRock's Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K" appeared first here Coindesk.com.

Source: Coindesk.com

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