BlackRock’s Spot Bitcoin ETF Draws $526M in Net Inflows

BlackRock’s Spot Bitcoin ETF Draws $526M in Net Inflows

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Source: Coindesk.com

BlackRock's IBIT registered the highest single-day inflow since March. BTC failed to break out of a key price resistance level.

BlackRock's iShares Bitcoin Trust (IBIT), a Nasdaq-listed exchange-traded fund (ETF) closely tracking the cryptocurrency's spot price, drew in $526.7 million in investor funds on Monday, preliminary data published by Farside Investors

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The post "BlackRock's Spot Bitcoin ETF Draws $526M in Net Inflows" appeared first here Coindesk.com.

Source: Coindesk.com

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