By YDN Key Points: Bitcoin surged to a new all-time high of $118,800 amid record-breaking ETF inflows and growing institutional demand. On July 10 alone, U.S. spot BTC ETFs recorded $1.18 billion in daily inflows—the second-highest since launch. BlackRock’s IBIT and Fidelity’s FBTC led the charge, with combined inflows exceeding $770 million on that day. […]
Tag: IBIT
By Emir Abyazov U.S. spot Bitcoin ETFs have surpassed the $50 billion mark in cumulative capital inflows—the first time in the history of this financial instrument. On July 9, 12 U.S. funds recorded an additional $218 million in inflows, bringing the total to $50.16 billion. Fund flows in the US Bitcoin ETF. Source: Farside Investors […]
By Emir Abyazov BlackRock (BLK) has turned its Bitcoin ETF into a dominant force in the cryptocurrency market—the iShares Bitcoin Trust (IBIT) fund has just passed the 700,000 Bitcoin mark. That represents $75.5 billion, and the figure continues to grow every day. 🚨 Blackrock Buys 1388 Bitcoin Now Holds 700,000 BTC 🤯 pic.twitter.com/RsQVEnqcqb — Thomas […]