BlackRock’s Bitcoin ETF Attracts Nearly $1 Billion Worth of Inflows in One Day
According to recent data provided by SoSoValue, BlackRock's iShares Bitcoin Trust ETF (IBIT) attracted $971 million worth of inflows in a single day on Monday.
This is the second-largest single-day inflow recorded by IBIT since its inception in January 2024. The massive sum has offset the outflows recorded by other ETF products. The ARK 21Shares Bitcoin ETF (ARKB) was the biggest laggard on Monday, hemorrhaging a total of $226 million.
