2024

Bitcoin ETF

BlackRock

A major asset management company, BlackRock’s iShares Bitcoin Trust (IBIT), continues its streak with 70 consecutive days of inflows, adding $19.7 million on April 22, according to <a href="https://farside.co.uk/?p=997" target="_blank" rel="noreferrer noopener" data-wpel-link="external">Farside Investors</a> data. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">$IBIT</a> inflow streak currently at 69 DAYS. one more day and it moves into Top 10 and ties <a href="https://twitter.com/search?q=%24JETS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">$JETS</a> (a streak I was equally as fascinated by) altho streak ending today would be pretty hilarious, show financial gods have sense of humor via <a href="https://twitter.com/thetrinianalyst?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">@thetrinianalyst</a> <a href="https://t.co/niDzfaKqgp" target="_blank" data-wpel-link="external">pic.twitter.com/niDzfaKqgp</a>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1782386163698835663?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 22, 2024</a>
 </blockquote> 
 </div>
</figure> 
This marks it among the top-ten ETFs with the longest inflow streaks. IBIT has gathered over $15.4 billion in bitcoins, nearing the top spot in the market. In contrast, Grayscale’s Bitcoin ETF saw continuous outflows. 
Bloomberg’s Eric Balchunas said, “$IBIT inflow streak currently at 69 DAYS. One more day and it moves into Top 10 and ties $JETS (a streak I was equally as fascinated by) altho streak ending today would be pretty hilarious.” 
On April 22, Bitcoin spot ETFs saw notable movements, with total net inflows of $62.0899 million. Grayscale’s GBTC had a single-day net outflow of $34.993 million, while Fidelity’s FBTC gained $34.8334 million. 
Fidelity’s FBTC has surpassed IBIT in daily inflows over the past three sessions. Overall, Bitcoin spot ETFs have seen a cumulative net inflow of $12.384 billion. Bitwise’s CEO predicts increased exposure to Bitcoin ETFs by wealth management firms. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/04/21/wealth-firms-may-buy-more-bitcoin-etf-holdings-bitwise-ceo/" target="_blank" rel="noreferrer noopener" data-wpel-link="internal">Wealth Firms May Buy More Bitcoin ETF Holdings: Bitwise CEO</a> 
</blockquote>

BlackRock IBIT Enters Top 10 ETFs List with 70-Day Inflows

The Crypto Times

Другие статьи, опубликованные 23 апр. 2024 г.

Top 12 Coins To Watch Out For The Next Two Months

SEC Lawyers Reportedly Resign After “Gross Abuse” Of Power In DEBT Box Case

Are Melania Trump's Solana NFTs, Mother's Day Necklace, Worth Buying?

Riot’s Price jumps 23% on analysts’ bullish forecast

Will Bitcoin Fall in the next couple of days?

The Newest BTC Alternative with an Educational Technology Ecosystem Raises Over $700K in Presale

Join our free newsletter for daily crypto updates!