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BlackRock’s Bitcoin ETF Sees $643 Million Inflows
Bitcoin Magazine BlackRock’s Bitcoin ETF Sees $643 Million Inflows BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest daily inflow since January, as bitcoin surges above $92,000 amid improving macro conditions and renewed institutional interest. This post BlackRock’s Bitcoin ETF Sees $643 Million Inflows first appeared on Bitcoin Magazine and is written by Vivek Sen.
Bitcoin Magazine
BlackRock’s Bitcoin ETF Sees $643 Million Inflows
BlackRock’s flagship Bitcoin ETF attracted $643.16 million in net inflows on April 23, marking its strongest single-day performance since January 21. The substantial inflow comes as bitcoin continues its upward momentum, trading above $92,000 following positive signals from the Trump administration regarding U.S.-China trade relations.
IBIT’s impressive showing contributed to a broader surge in Bitcoin ETF activity, with total spot Bitcoin ETF inflows reaching $916.91 million on Wednesday. This marks the fourth consecutive day of positive flows for U.S.-listed Bitcoin ETFs, bringing the week’s total inflows to approximately $2.23 billion.
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