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BlackRock's IBIT Spot Bitcoin ETF Surpasses $10 Billion in Net Inflows Since Launch

BlackRock's IBIT Spot Bitcoin ETF Surpasses $10 Billion in Net Inflows Since Launch

2024/03/11 11:06
BTC-0.33%

BlackRock's IBIT spot bitcoin ETF has crossed $10 billion in net inflows since its launch. The Grayscale-converted GBTC fund saw $10.55 billion in outflows over the same period, in addition to the nascent nine bitcoin ETFs (excluding GBTC), which also topped $20 billion on Friday. Total net inflows across all products have now exceeded $9.5 billion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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