BlackRock’s Bitcoin ETF Smashes Record with $527 Million Inflow
BlackRock’s iShares Bitcoin Trust ETF (IBIT) experienced a record-breaking inflow of $526.7 million on July 22, 2024. This surge represents the largest single-day inflow for the fund since March 13, when the ETF had previously seen a peak in investor interest.
A Massive Surge in Investment
The impressive $526.7 million influx has brought the total assets under management for BlackRock’s Bitcoin ETF to approximately 333,000 BTC, valued at around $22 billion based on current market prices.·
For the full story, head over to TheCurrencyAnalytics.com.
