🚀 **BlackRock Buys the Dip!** 🚀
On October 21, investors snapped up 4,869 BTC worth $329 million through BlackRock’s iShares Bitcoin Trust (IBIT), even as the crypto market saw a retreat. This marks the sixth consecutive day of inflows for IBIT, totaling a massive $1.47 billion over the past week! 📈
Since its January launch, IBIT has attracted over $23 billion, making it one of the top-performing ETFs of 2024. ETF Store President Nate Geraci noted that last week's inflows alone would place it among the top five ETF launches this year.
Despite a market pullback, Bitcoin remains resilient, trading at $67,500. 🌟 Keep an eye on BTC!