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Bitcoin ETFs Post Fourth Straight Day of Inflows With $54 Million Added

BlackRock’s IBIT led the session with $46.15 million, representing most of the day’s net inflows into U.S. spot Bitcoin ETF products.

Summary

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Terms & Concepts
  • Bitcoin ETF: An exchange-traded fund that gives investors exposure to Bitcoin without directly holding the cryptocurrency.
  • Net inflows: The amount of new money entering an investment product after subtracting withdrawals.
  • IBIT: BlackRock’s spot Bitcoin ETF ticker, used for its iShares Bitcoin Trust.