BlackRock’s IBIT buys $195.6 million of Bitcoin in a day, $1.57 billion over the past month

Share

BlackRock’s spot Bitcoin ETF, IBIT, purchased $195.6 million of Bitcoin in a single day, bringing its total acquisitions over the past month to $1.57 billion. This amount represents more than half of the $2.99 billion in net inflows recorded by all US spot Bitcoin ETFs during the same period. The entire category posted net inflows of $102.67 million for that day, after the previous session had recorded outflows of nearly $149 million. IBIT already holds $109.34 billion in assets under management, making it the largest US spot Bitcoin ETF since its launch in January 2024.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items