๐ **Bitcoin ETFs on a Roll!** ๐
BlackRockโs iShares Bitcoin Trust just bagged a whopping $260M from investors on July 16, making up over half of all net inflows into spot Bitcoin ETFs that day. ๐ค
- This marks the 8th straight day of positive net inflows for US spot Bitcoin ETFs, totaling $422.5M, the best since June 5!
- Fidelity Wise Origin Bitcoin Fund came in second with $61.1M, and ARK 21Shares Bitcoin ETF snagged third with $29.8M.
BlackRockโs Bitcoin stash is back above $20B, thanks to a 3% price bump. Even CEO Larry Fink is calling Bitcoin a โlegitimateโ financial tool!
๐ฌ What do you think? Share your thoughts below!