BlackRock's Bitcoin ETF Records Biggest Capital Inflows Since March, Hits $523M
🔝 Highlights:
🔹 BlackRock's Bitcoin ETF saw inflows of $523 million on July 22, marking the largest inflow in more than four months.
📊Details:
🔹 Fund Performance: iShares Bitcoin Trust (IBIT) purchased 7,759 BTC, bringing total inflows to 333,000 BTC (~22 billion USD).
🔹 Previous records: March 18 ($849 million) and March 5 ($788 million).
🔹 Market sentiment: Analysts are bullish on 💎Bitcoin, predicting political developments will drive price increases.
🔹 Speculation: Possibility of Donald Trump announcing Bitcoin as a strategic reserve asset at the Bitcoin 2024 conference on July 25.
🌐 Read more: https://t.me/cryptoanalysisvn/1/1824
