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BlackRock’s Bitcoin ETFs Lead $527M Inflow Day, Best Since September

BlackRock’s Bitcoin ETFs Lead $527M Inflow Day, Best Since September

Photo: TheCoinrise

US spot Bitcoin ETFs collectively pulled in roughly $526.7 million in a single session, with BlackRock's fund accounting for most of the total. US spot Bitcoin exchange-traded funds recorded their best single-day inflow in nearly a month, with roughly $526.7 million entering the category. BlackRock's iShares Bitcoin Trust appears to have driven the bulk of that total, pulling in about $527 million on its own, based on figures reported by multiple outlets. The near-identical size of the two numbers suggests BlackRock's fund absorbed almost all of the day's net demand across the spot Bitcoin ETF complex.

Source: TheCoinrise

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