BlackRock's iShares Bitcoin Trust (IBIT) recently experienced its first day of zero daily inflows since its launch in January. This comes amid the SEC's delay on a decision regarding a major Ether ETF, which has contributed to uncertainty in the cryptocurrency market.
While IBIT's 71-day inflow streak has ended, some other Bitcoin ETFs like Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) continue to see inflows. It'll be interesting to see how the cryptocurrency market reacts to these developments and whether it will impact investor sentiment towards Bitcoin ETFs.
