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Coin Edition 2024-04-16 12:36:42

BlackRock’s Bitcoin ETF IBIT Attracts $73M Inflows, Others Stagnant

BlackRock’s Bitcoin ETF, IBIT, was the only U.S. spot Bitcoin ETF to attract inflows on Monday. In contrast, other ETFs did not experience new inflows or outflows. Per data from SoSoValue, IBIT gathered approximately $73.4 million in net inflows. Still, these were insufficient to offset significant outflows from other funds, particularly the Grayscale Bitcoin Trust. The post BlackRock’s Bitcoin ETF IBIT Attracts $73M Inflows, Others Stagnant appeared first on Coin Edition .

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