Digital Coin News

BlackRock's Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

BlackRock’s IBIT product experienced a significant inflow of over $290 million on Tuesday, marking its highest one-day inflow this month and since April.

Tuesday’s figures now stand out as unusually large compared to activity early this month, where IBIT recorded low or even zero inflows before May 15. IBIT also recorded its first-ever day of outflows in April, leading to some bearish sentiment for bitcoin at the time,

 

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:

 /  🏆 291. 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 Spot Bitcoin ETF Sees First Outflows Amid BTC Price SlumpCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETFHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Spot Bitcoin ETF: Here's Why Vanguard Might Finally Join BlackRockWith new CEO, will Vanguard reconsider its spot Bitcoin ETF stance?
Source: Utoday_en - 🏆 295. / 63 Read more »

Grayscale spot bitcoin ETF inflows may be result of short-term trading: Bloomberg ETF analystBloomberg's James Seyffart offers some theories as to why Grayscale's spot bitcoin ETF logged inflows two days straight.
Source: TheBlock__ - 🏆 464. / 53 Read more »

BlackRock, Grayscale have to wait for SEC’s spot ETH ETF decisionsThe U.S. Securities and Exchange Commission released notices on April 23 that indicated its decision on two spot Ethereum exchange-traded funds would be delayed.
Source: Cointelegraph - 🏆 562. / 51 Read more »

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 »