Currencies38131
Market Cap$ 2.26T-0.54%
24h Spot Volume$ 18.81B-21.9%
DominanceBTC56.48%+0.17%ETH9.59%+0.79%
ETH Gas0.07 Gwei
Cryptorank
/

BlackRock IBIT Leads $664M ETF Inflows with $284M Daily Surge


BlackRock IBIT Leads $664M ETF Inflows with $284M Daily Surge

Share:

AI Overview

BlackRock’s iShares Bitcoin Trust (IBIT) logged a ~$284M inflow on April 17, helping drive $664M in net daily inflows into U.S. spot Bitcoin ETFs; eight-day accumulation by products/holders totals about $1.34B. (crypto, spot Bitcoin ETF, BlackRock, inflows) Ongoing eight-day BlackRock buying and a disclosed personal purchase (Sheri Biggs up to $250K) indicate rising institutional/insider adoption and demand, implying potential upward price pressure and market impact. (institutional, adoption, market impact)

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • BlackRock IBIT records $284M inflow as eight-day Bitcoin accumulation hits $1.34B.
  • Spot Bitcoin ETFs log $664M daily inflow with IBIT leading and FBTC following.
  • Sheri Biggs discloses up to $250K purchase in BlackRock Bitcoin ETF shares.

BlackRock’s spot Bitcoin exchange-traded fund recorded a major inflow on April 17, as fresh data showed continued accumulation through investment products. The firm’s iShares Bitcoin Trust (IBIT) brought in approximately $284 million in a single day, contributing to total net inflows of $664 million across all U.S. spot Bitcoin ETFs.

The activity extends an ongoing trend, with BlackRock purchasing Bitcoin for eight consecutive days. Over that period, total inflows …

Read The Full Article BlackRock IBIT Leads $664M ETF Inflows with $284M Daily Surge On Coin Edition.

Read the article at CoinEdition

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

US Spot Bitcoin ETFs Rebound with $90.4M Net Inflow, Ending Two-Day Losing Streak

US Spot Bitcoin ETFs Rebound with $90.4M Net Inflow, Ending Two-Day Losing Streak

BitcoinWorld US Spot Bitcoin ETFs Rebound with $90.4M Net Inflow, Ending Two-Day Los...
BREAKING: Wells Fargo Discloses Huge Crypto Holdings in Bitcoin, ETH, SOL, MSTR, BMNR

BREAKING: Wells Fargo Discloses Huge Crypto Holdings in Bitcoin, ETH, SOL, MSTR, BMNR

Wall Street giant Wells Fargo revealed massive crypto holdings via exchange-traded fu...