BlackRock and Others Set a New Record in Bitcoin: It Hasn't Stopped for 18 Days!

BlackRock and other spot Bitcoin (BTC) ETF issuers have set a new record in Bitcoin history.

There has been a daily net inflow to spot Bitcoin ETFs in the USA for 18 days straight. This is the first time the streak has been this long since ETFs were established.

BlackRock took the top spot

A total of $217.78 million net entered the 11 ETFs traded.

Among these, BlackRock came out on top, managing the largest amount of assets. BlackRock iShares Bitcoin Trust (IBIT) fund received an investment of $350 million.

Although Fidelity and VanEck's ETFs were also in the net positive, they remained at much lower levels compared to BlackRock.

Ark Invest's fund, codenamed ARKB, had its worst day yet, seeing a net outflow of $96.6 million. $37.5 million came out of Grayscale's GBTC fund. There was also an outflow of $3 million from Bitwise's BITB fund.

approached 16 billion dollars

With the record series reaching 18 days, the amount of money entering ETFs since the first trading day reached 15.56 billion dollars. The recession seen in April and May seems to be over.

According to analysts, the continued growth of ETFs also helps the Bitcoin price to rise.

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