BlackRock’s Bitcoin ETF Posts Second-Largest Inflow Since January Launch

Description

BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), recorded nearly $1b in inflows on Monday, marking its second-largest single-day intake since its debut earlier this year. According to SoSoValue data , IBIT pulled in $970.93m, underlining the renewed appetite among institutional investors for crypto assets. The surge comes amid a broader recovery in Bitcoin markets. Investors have been steadily returning to Bitcoin-linked products, buoyed by signs of resilience in the asset despite vol...