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17 September, 2024

BlackRock’s Bitcoin ETF Sees First Inflows in Two Weeks

17 September, 2024

BlackRock’s Bitcoin ETF Sees First Inflows in Two Weeks

BlackRock’s iShares Bitcoin Trust (IBIT) experienced a reversal of its recent trend, attracting $15.8 million in net inflows on Monday, according to data from Farside Investors. This marks the first positive flow for the fund in 14 days, signifying a potential shift in investor sentiment towards Bitcoin.