November 19, 2024

Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC

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Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s crypto holdings have risen to 161K bitcoins. Blackrock Continues to See Massive Inflows Blackrock’s spot bitcoin exchange-traded […]

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