BlackRock’s IBIT Accounts for All $110M in Bitcoin ETF Net Inflows
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin ETFs began the week with $110.34 million in net inflows driven entirely by BlackRock’s IBIT, while ether funds lost about $89 million.
Bitcoin exchange-traded funds recorded $110.34 million in net inflows at the start of the week, according to Bitcoin.com News. BlackRock’s IBIT accounted for the full net gain.
Ether funds moved in the opposite direction, posting roughly $89 million in net outflows. The withdrawals marked a return to substantial capital losses for the category.
Among the smaller categories covered in the report, only zcash and NEAR attracted new capital, highlighting a split in flows across crypto investment products.
Source: Bitcoin.com News
