BlackRock Bitcoin ETF Surges with $0.5B Inflow
BlackRock’s Bitcoin ETF ($IBIT) saw a $0.5B inflow on July 22, boosting total holdings to $22.5B. The share price surged 20% in two weeks. $IBIT’s inflows hit $2B in 12 trading days, leading the US Bitcoin ETF market. $IBIT now trades nearly $1B weekly. #Update