U.S. Bitcoin ETFs Record $458 Million in Daily Net Inflows
Bitcoin exchange-traded funds (ETFs) saw strong demand, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for the largest share of inflows over the past 24 hours.
BTC
Summary
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Terms & Concepts
Bitcoin ETF: An exchange-traded fund that tracks Bitcoin’s price, allowing investors exposure without holding the cryptocurrency directly.
Net inflows: The total amount of new funds entering an investment product after subtracting outflows.
iShares Bitcoin Trust (IBIT): BlackRock’s Bitcoin ETF enabling investors to gain regulated Bitcoin exposure.