🚀BlackRock's IBIT fund is now among the top 10 longest daily inflow streaks for US exchange-traded funds, tying with JETS at a 70-day milestone.🎉 Despite some outflows, the fund has seen $111.7M in inflows over the past five trading days.
📈April 22 showed a net inflow of $62.2M, with boosts from Fidelity (FBTC) and ARK 21Shares (ARKB). Even smaller funds like Franklin Bitcoin ETF (EZBC) and VanEck Bitcoin Trust (HODL) saw inflows.
🔍Analysts say zero flows are normal for such investment products. No major exodus from Bitcoin ETFs has been observed, even GBTC’s outflows have slowed.
🌐Crypto markets show signs of recovery, with BTC recovering 5% since the weekend halving. Altcoins show mixed results.
What's your take on this? Share your thoughts below!👇 #CryptoNews #BlackRock #BTC