BlackRock’s Bitcoin ETF daily inflow on halt for 4 days

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Coin Coin Headlines News

BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust, has seen zero inflows since April 24 after a 71-day inflow streak.

While some crypto observers are concerned about IBIT’s inflow halt, others say it’s more normal than the 71-day inflow streak it has recorded.) community is increasingly concerned about BlackRock’s spot Bitcoin exchange-traded fund halting inflows for several consecutive days for the first time since launch.

According to data from IBIT’s official page, the fund has held the same 274,462 BTC over the past four trading days.on April 24, triggering some concerns as the fund previously consistently attracted new investments daily. After starting trading with justconcerns about IBIT’s inflow halt, suggesting that such an event is not a good sign for investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first timeOut of the 11 US-registered Bitcoin ETFs, Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) were the only two to record inflows of $5.6 million and $4.2 million, respectively.
Source: Cointelegraph - 🏆 562. / 51 Read more »

BlackRock's Bitcoin ETF Snaps 71-Day Inflow Streak, Data ShowOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Source: CoinDesk - 🏆 291. / 63 Read more »

BlackRock’s Bitcoin ETF Ends Inflow Streak as BTC Price PlungesThe interrupted streak of inflows could be viewed as a sign of waning demand
Source: Utoday_en - 🏆 295. / 63 Read more »

BlackRock’s Bitcoin ETF Extends Into Inflow StreakBlackRock, Bitwise, and Ark were able to offset Grayscale's outflows
Source: Utoday_en - 🏆 295. / 63 Read more »

BlackRock’s Bitcoin Fund Joins Elite ETF Club With 70 Straight Days of InflowsCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

BlackRock's Bitcoin ETF About to Break Major Milestone After 69 Day Inflow StreakBlackRock's Bitcoin ETF, IBIT, poised to shatter major records as its 69-day inflow streak puts it on same shelf as ETF elite
Source: Utoday_en - 🏆 295. / 63 Read more »