November 22, 2024

Rise To Thrive

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Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC

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Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s 0M Outflow — IBIT Now Holds 161K BTC
Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s 0M Outflow — IBIT Now Holds 161K BTCBlackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s crypto holdings have risen to 161K bitcoins. Blackrock Continues to See Massive Inflows Blackrock’s spot bitcoin exchange-traded […]