๐BlackRock's IBIT fund is now among the top 10 longest daily inflow streaks for US exchange-traded funds, tying with JETS at a 70-day milestone.๐ Despite some outflows, the fund has seen $111.7M in inflows over the past five trading days.
๐April 22 showed a net inflow of $62.2M, with boosts from Fidelity (FBTC) and ARK 21Shares (ARKB). Even smaller funds like Franklin Bitcoin ETF (EZBC) and VanEck Bitcoin Trust (HODL) saw inflows.
๐Analysts say zero flows are normal for such investment products. No major exodus from Bitcoin ETFs has been observed, even GBTCโs outflows have slowed.
๐Crypto markets show signs of recovery, with BTC recovering 5% since the weekend halving. Altcoins show mixed results.
What's your take on this? Share your thoughts below!๐ #CryptoNews #BlackRock #BTC