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BlackRock’s IBIT Spot Bitcoin ETF has seen net inflows exceed $10 billion since its launch

BlackRock’s IBIT Spot Bitcoin ETF has seen net inflows exceed $10 billion since its launch

Cointime2024/03/11 11:10
By: Cointime
BTC+0.03%

The net inflow of the iShares Bitcoin ETF (IBIT) under BlackRock has exceeded $10 billion since its launch. During the same period, the Grayscale Bitcoin Trust (GBTC) converted fund saw an outflow of $10.55 billion. In addition, nine new Bitcoin ETFs (excluding GBTC) also broke through $20 billion on Friday. The total net inflow of all products has 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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