CandleFocus $760 Million in 3 Days: BlackRock Bitcoin ETF Hits New Milestone
2024-10-17
Author: Content Editor
BlackRock's iShares Bitcoin Trust (IBIT) has seen significant inflows, earning over $760 million in the past three days. This indicates increasing interest from institutional and retail investors in Bitcoin. The total capital invested in BlackRock's Bitcoin ETF has reached $22.5 billion since its launch in January 2024, demonstrating its success in attracting capital. BlackRock has continued to acquire Bitcoin despite price drops, reflecting its confidence in the cryptocurrency's future potential.
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