đ **Bitcoin ETFs: The Dip Buyers Strike Again!**
- Investors in BlackRockâs iShares Bitcoin Trust (IBIT) swooped in on Oct. 21, adding a whopping $329M after Bitcoin dipped 3%.
- Fidelityâs Wise Origin Bitcoin Fund (FBTC) also saw some love with $5.9M in inflows, while other ETFs were left high and dry.
- BlackRockâs IBIT is on fire, hitting $23B in total net inflows and ranking third in ETF inflows for 2024, just behind Vanguard and BlackRockâs S&P500 funds.
- Despite Bitcoinâs 3.25% drop to $66,975, traders remain optimistic, eyeing potential pullbacks but keeping the faith. Bitcoin now trades at $67,360. đ
