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ETFs & Institutions

BlackRock Bitcoin ETF Records $1.57 Billion Net Inflow in One Month

BlackRock's spot Bitcoin exchange-traded fund has recorded $1.57 billion in net inflows over the past month, according to data from Moomoo.

BlackRock Bitcoin ETF Records $1.57 Billion Net Inflow in One Month
Image: BullishMarketCap

BlackRock's spot Bitcoin exchange-traded fund has registered $1.57 billion in net Bitcoin purchases over the past month, according to data reported by Moomoo.

Monthly Inflows

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The substantial capital influx highlights ongoing institutional demand for the asset through regulated investment vehicles. Spot exchange-traded funds continue to serve as a primary bridge for traditional market participants seeking direct exposure to the cryptocurrency.

Key facts

  • BlackRock's Bitcoin ETF net bought $1.57 billion worth of Bitcoin in the past month.
  • The data was reported by Moomoo.
$BTC#BlackRock#Bitcoin#ETFs

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.