Posted by @faranakpanahi2019
27 Aug, 2024
Investors Flock to Bitcoin
BLACKROCK BITCOIN ETF INFLOWS SURGE TO $224M
BlackRock’s #Bitcoin ETF (IBIT) led the charge with a massive $224.1 million in inflows on August 26, reflecting strong institutional confidence.
This comes as U.S. Bitcoin spot ETFs saw a total of $202.6 million in inflows, reigniting hopes for Bitcoin to reclaim the $70,000 mark soon.