menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptocurrency News

>

BlackRock’...
source image

Bitcoinsensus

4w

read

332

img
dot

Image Credit: Bitcoinsensus

BlackRock’s Leads the Charge as Bitcoin ETF Inflows Surge by $470 Million

  • Bitcoin ETFs saw a significant inflow of $470 million on Thursday, totaling nearly $2 billion for the week.
  • BlackRock's iShares Bitcoin Trust ETF (IBIT) led the charge with a $309 million inflow on the last trading day, adding to its total inflow of over $1.07 billion for the week.
  • Other spot ETFs, such as Ark and 21Shares' ARKB, Grayscale's GBTC, and Fidelity's FBTC, also recorded significant net inflows on Thursday.
  • The surge in Bitcoin ETF inflows reflects increasing confidence in digital assets, driven by improved economic conditions and legal battles favoring crypto firms.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app