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.
- Content Editor ( u.today )
- 2024-10-17
$760 Million in 3 Days: BlackRock Bitcoin ETF Hits New Milestone