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

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