BlackRock’s iShares Bitcoin Trust (IBIT) snapped a 13-day streak of stagnant or negative flows, pulling in $15.8 million on Monday! 🎉
The 10 U.S.-based spot bitcoin ETFs have lost $770 million since Aug. 27. But don’t worry, IBIT’s net outflows are just $23.1 million, a drop in the bucket compared to the $20 billion the fund has under management! 🐪
While Bitcoin prices are volatile, IBIT’s return is promising. Trust the markets, because DeFi and Web 3.0 are the future! 🚀
Share your thoughts in the comments! 💬#Bitcoin#DeFi #Web3