BlackRock Bitcoin ETF Has Amassed $10 Billion in Net Inflows Since It Launched
BlackRock's IBIT spot bitcoin exchange-traded fund has attracted over $10 billion in net inflows in just two months, almost offsetting the outflows from Grayscale's GBTC fund. The total inflows for the nine spot bitcoin ETFs, excluding GBTC, have surpassed $20 billion. Despite outflows from GBTC and Invesco's BTCO, the U.S. spot bitcoin ETFs saw net inflows of $223 million on Friday.
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BlackRock Bitcoin ETF Has Amassed $10 Billion in Net Inflows Since It Launched
BlackRock's IBIT spot bitcoin exchange-traded fund has attracted over $10 billion in net inflows in just two months, almost offsetting the outflows from Grayscale's GBTC fund. The total inflows for the nine spot bitcoin ETFs, excluding GBTC, have surpassed $20 billion. Despite outflows from GBTC and Invesco's BTCO, the U.S. spot bitcoin ETFs saw net inflows of $223 million on Friday.