EconomyBlackRock’s IBIT captured 115% of one day’s US Bitcoin ETF net inflows
BlackRock’s iShares Bitcoin Trust attracted $277.6 million on Aug. 27, exceeding the $242.3 million net inflow recorded by all US spot Bitcoin ETFs combined. Redemptions at Fidelity and Grayscale left every fund outside IBIT with a collective $35.3 million outflow. IBIT supplied about 75.6% of the roughly $3.05 billion entering the sector during its nine-session inflow streak.
BlackRock’s IBIT captured 115% of one day’s US Bitcoin ETF net inflows
Economy