**News Flash: BlackRock's Bitcoin ETF Sees Massive Inflows**
BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), experienced a significant surge in inflows on July 22, with over $523 million entering the fund. This marks the largest single-day inflow for IBIT in over four months, bringing the total Bitcoin held by the fund to 333,000 BTC, valued at approximately $22 billion.
- **Record Inflows**: The July 22 addition of 7,759 BTC is the seventh-largest day for IBIT in US dollar terms.
- **Historical Context**: The fund's largest inflow day was March 18, with $849 million added.
- **Market Impact**: Analysts are bullish on Bitcoin, citing political developments as potential catalysts for price increases.
In related news, spot Ether ETFs have been approved for trading in the US, with expectations of generating 10% to 20% of the flows seen by Bitcoin ETFs. Industry experts speculate that political moves, including potential announcements by Donald Trump, could further influence Bitcoin's market dynamics.