BlackRock's Spot Bitcoin ETF Records $526 Million in Inflows

BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), saw a massive inflow of $526 million on Monday. This marked the largest single day of inflows for the ETF since March.

JUST IN: BlackRock spot #Bitcoin ETF had $523 million inflows today.

— Bitcoin Magazine (@BitcoinMagazine) July 22, 2024

On July 22nd, IBIT attracted nearly $527 million in net inflows, bringing BlackRock’s Bitcoin fund’s total assets under management to over $22 billion.

Monday’s gain was the seventh-largest daily inflow on record for IBIT in dollar terms. Its previous record was set on March 18th, when the fund saw $849 million worth of Bitcoin inflows.

Across all spot Bitcoin ETFs in…

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