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'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.
Source: news.google.com
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