BlackRock's Bitcoin ETF (IBIT) continues to lead, as net inflows into spot ETFs increased by 588 million dollars on Tuesday.
Only BlackRock's IBIT contributed 436 million dollars in inflows, absorbing a total of 4,134 bitcoins, bringing its total bitcoin holdings closer to 700,000. Additionally, the price of IBIT shares also rose by 2.5% on Tuesday, recovering the crucial level of 60 dollars.
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