BlackRock Bitcoin ETF Achieves Nearly $1 Billion Inflows
- BlackRock Bitcoin ETF recorded inflows of $970.93 million in one day.
- Total U.S. spot BTC ETFs saw $591.29 million inflows on April 28.
- Fidelity’s FBTC experienced outflows of $86.87 million.
- Grayscale’s GBTC had outflows totaling $42.66 million.
- Bitcoin price climbed to over $94,000, increasing by 7.5% weekly.
The BlackRock Bitcoin ETF’s significant inflow of nearly $1 billion highlights its strong market position, contrasting with outflows from other U.S.-based spot BTC ETFs like Fidelity and Grayscale.
Source (2.6)https://coingape.com/blackrock-bitcoin-etf-ibit-records-1-bln-inflows/?rand=24432
