tldrdailynews.com logo

"BlackRock's Bitcoin ETF Surpasses $10 Billion Inflows, Outpacing Grayscale and MicroStrategy"

1 min read
Source: The Block
"BlackRock's Bitcoin ETF Surpasses $10 Billion Inflows, Outpacing Grayscale and MicroStrategy"
Photo: The Block
TL;DR Summary

BlackRock's IBIT spot bitcoin ETF has surpassed $10 billion in inflows within just two months of trading, leading the daily flows with $336.3 million on Friday. The total net inflows for all U.S. spot bitcoin ETFs now exceed $9.5 billion, with the newborn nine ETFs collectively holding over 409,000 BTC in assets. Additionally, the trading volume for U.S. spot bitcoin ETFs reached the third-largest level at $7.58 billion on Friday, while the bitcoin price surged to a new all-time high of $71,860.

Topics:business#bitcoin#blackrock#cryptocurrency#etf#finance#trading-volume
Share this article
  1. BlackRock’s IBIT spot bitcoin ETF inflows cross $10 billion  The Block
  2. Bitcoin ETFs leapfrog Grayscale's haul in 'scary fast' surge  DLNews
  3. BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy  CoinDesk
  4. BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy  Yahoo Finance
  5. Bitcoin ETF snapshot: GBTC competitors surpass Grayscale fund in AUM  Blockworks

Reading Insights

Total Reads

0

Unique Readers

13

Time Saved

3 min

vs 4 min read

Condensed

89%

770 → 82 words

Want the full story? Read the original article

Read on The Block