🚀 BlackRock's IBIT Breaks Records in Bitcoin ETFs! 🌐💸
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📈 BlackRock's IBIT had a stellar day, welcoming a whopping $604 million, around 10,000 BTC - the second-largest inflow since trading began. This boosted IBIT's cumulative inflows to an impressive $7.8 billion, with BlackRock now holding a whopping 161,378 BTC! 🚀💼
📉 On the flip side, Grayscale Bitcoin Trust (GBTC) saw its second-largest outflow ever, with a jaw-dropping $599 million leaving the ETF. This brings GBTC's total outflows to a concerning $8.4 billion. As a result, the total net inflows for the day stood at a modest $92 million, roughly 1,500 BTC. 📉💔
🔄 Overall, spot Bitcoin ETFs recorded a significant benchmark of $7.5 billion in net flows, equivalent to approximately 146,522 BTC. 🔄💼
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