BlackRock Bitcoin ETF Sees Significant Inflows Amid BTC Price Consolidation
- BlackRock’s IBIT Bitcoin ETF recorded an inflow of 2,250 BTC in one day, valued at $232 million.
- The IBIT share price increased by 23% over the last month.
- Fidelity’s FBTC and Grayscale mini Bitcoin ETF each saw $35 million in inflows.
- Bitcoin’s Long-Term Holder realized price rose to $45,340.
- Bitcoin is trading at $102,388 with a daily volume of $44.5 billion, down 10%.
The BlackRock Bitcoin ETF led the market with a significant single-day inflow of 2,250 BTC worth $232 million. This surge highlights strong institutional demand as Bitcoin trades around $102,388 despite a decrease in daily trading volume.
Source (2.6)https://coingape.com/blackrock-bitcoin-etf-inflows-shoot-as-btc-eyes-final-consolidation/?rand=24432
