𝗕𝗹𝗮𝗰𝗸𝗥𝗼𝗰𝗸'𝘀 𝗜𝗕𝗜𝗧 𝗦𝘂𝗿𝗴𝗲𝘀 𝘁𝗼 $𝟳𝟮𝟴𝗠, 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗻𝗲𝘄𝘀 ‼️🚨
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BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), continues to lead the market with impressive figures. On August 19, 2024, IBIT recorded a significant trading volume of $728 million, demonstrating strong investor interest despite the broader market's mixed sentiment. This ETF also saw an inflow of $92.68 million on the same day, positioning it as one of the top performers among $BTC
ETFs.
While other ETFs experienced outflows, such as Bitwise’s BITB, which saw a $25.72 million outflow, BlackRock’s IBIT maintained its leadership. This performance underscores the trust investors place in established financial products like BlackRock's ETF, particularly during periods of market uncertainty.
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