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iShares Bitcoin Trust by BlackRock records record inflows in May
Institutional interest thrives
BlackRock's iShares Bitcoin Trust (IBIT) saw record inflows of $1.2 billion during May, making it one of the most popular Bitcoin funds.
Increasing confidence despite volatility
Despite recent market fluctuations, these inflows underscore ongoing institutional interest, as many view Bitcoin as a long-term hedge against inflation.
#BlackRock #IBIT #BitcoinETF #InstitutionalCrypto #BTCInflows
