Key highlights: Bitcoin ETFs have attracted $818 million in inflows in seven consecutive trading sessions. BlackRock’s IBIT is spearheading the inflows, pulling in nearly $200 million in the last week. Rising BTC prices and capital rotation from US equities are powering the ETF inflows. US spot Bitcoin exchange-traded funds (ETFs) have undergone a stellar week, […]
Tag: IBIT
Key highlights: BTC ETFs attracted $203 million in net inflows on July 21. The funds have now seen six consecutive days of positive flows. Bitcoin is now trading at around $66,000 as momentum returns. Spot Bitcoin ETFs are once again attracting steady inflows after weeks of selling. SoSoValue data showed that the fund added another […]
Key highlights: US-based bitcoin spot ETFs have raked in $221 million worth of inflows in a single day Fidelity’s FBTC led the inflows while BlackRock’s IBIT recorded losses Bitcoin has surged above the $60,000 mark, buoyed by positive US macroeconomic data and capital flight from tech stocks Bitcoin spot ETFs have ended a 10-day losing […]