๐ BlackRock's Bitcoin Bonanza! ๐
BlackRock just went full crypto, upping their Bitcoin stake to 16,000 shares of the iShares Bitcoin Trust (IBIT) from 12,000 in May. Talk about confidence! ๐
Bitcoin ETFs are having a party, with a record $252M inflow in one day, pushing the total to $58.4B. BlackRockโs IBIT led the charge with $87M, while Fidelityโs FBTC wasn't far behind at $64M.
Not all funds had fun, though. Grayscaleโs GBTC saw a $35M outflow, but their Mini Trust gained $50M. Ethereum ETFs? Struggling with $99M outflows over 7 days.
What do you think? Drop your thoughts below! ๐ #Bitcoin #Crypto #ETFs