🚀 Bitcoin ETF Market Update: 8-Day Winning Streak!
📈 BlackRock's iShares Bitcoin Trust
(IBIT) leads the pack with an incredible $224M net inflow on August 26, now holding over 350,000 BTC !
✅ Positive inflows also for Franklin Templeton’s Bitcoin ETF & WisdomTree’s Bitcoin fund.
📉 On the other hand, ETFs from Fidelity, Bitwise, and VanEck saw outflows or no new investments.
🔄 US Bitcoin ETFs are stabilizing after their initial boom, while Grayscale Bitcoin Trust reports reduced redemptions, signaling growing market confidence.
💡 BlackRock’s Strategic Global Bond Fund just upped its IBIT holdings by 4,000 shares! The firm is clearly bullish on Bitcoin ETFs.
What do you think about this trend? Drop your thoughts in the comments!👇
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