The world’s largest asset manager, BlackRock, has registered 70 straight days of inflows for its spot Bitcoin exchange-traded fund, IBIT.
Thursday marked IBIT's largest single-day inflow since April 5, totaling $192.1 million and pushing its total to $15.1 billion.
The milestone was achieved following the recent introduction by BlackRock of its first tokenized asset fund, BUIDL, last week.
GBTC recorded $105 million in outflows which was its lowest figure since March 12th.
Fink highlighted the explosive growth of BlackRock's Bitcoin ETF.
BlackRock and Fidelity lead the funds ranked by assets in their first 50 days on the market amid a resurgence…
The soaring Coinbase Bitcoin Premium Index reflects a surge in investor confidence.
BlackRock has little interest in exploring crypto investment options outside of Bitcoin and Ethereum, according to the company’s crypto lead.
Spot Bitcoin exchange-traded funds have seen their fourth consecutive day of aggregate outflows as the underlying asset continues to retreat.
Institutional asset management giant BlackRock has continued its foray into digital assets with a new tokenized asset fund on Ethereum.