In a clear display of investor enthusiasm for regulated crypto products, BlackRock's spot Bitcoin ETF, IBIT, recorded a staggering $526.7 million in inflows on Monday. This massive influx accounts for nearly all the inflows into US spot Bitcoin ETFs on that day. IBIT now holds the largest Bitcoin balance among its peers, with over 327,000 BTC worth over $21 billion. Analysts attribute this demand to the relentless appetite for Bitcoin exposure via ETFs, calling it "unprecedented." Read more at Unchained
BlackRock’s Spot Bitcoin ETF Attracts Unprecedented Inflows
