CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-09-28 06:57:47

Spot Bitcoin ETF Inflows Surpass $1 Billion as BlackRock Leads the Charge

The post Spot Bitcoin ETF Inflows Surpass $1 Billion as BlackRock Leads the Charge appeared first on Coinpedia Fintech News The U.S. spot Bitcoin ETF market is on fire, with inflows soaring past $1 billion this week! Thanks to the Fed’s rate cuts, institutional demand for Bitcoin skyrockets, and BlackRock is leading the charge. The asset giant has aggressively boosted its Bitcoin ETF (IBIT) holdings to 198,874 shares, up from just 43,000 in June. Friday …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.