Bitcoin ETF

Bitcoin

BlackRock

<ul>
 <li>The overall net inflow of Bitcoin spot ETF was $331 million on February 16.</li>
 <li>This brought in $191 million for the BlackRock ETF IBIT in a single trading day.</li>
</ul>
The approval of Bitcoin ETFs has caused them to gain a great deal of interest. When compared to other recently introduced ETFs, <a href="https://thenewscrypto.com/blackrocks-spot-bitcoin-etf-surpasses-2-billion-aum-milestone/" target="_blank" rel="noopener noreferrer nofollow">Blackrock’s</a> performance stands head and shoulders above the competition, with the most assets under management and net inflows. Market players are now expecting bigger inflows this year due to the increasing popularity of Bitcoin ETFs.
For quite some time, the Blackrock Bitcoin ETF has been the market leader. The overall net inflow of Bitcoin spot ETF was $331 million on February 16, according to data.
<h3 class="wp-block-heading" id="h-incredibly-strong-tailwind">Incredibly Strong Tailwind</h3>
This amount of incoming capital has been maintained for sixteen consecutive trading days. This brought in $191 million for the BlackRock ETF IBIT in a single trading day. There has been a cumulative historical net inflow of $5.36 billion into IBIT.
Also, Blackrock’s IBIT has had unprecedented inflows, putting it in the top seven percent of all exchange-traded funds (ETFs) in terms of market capitalization. According to several industry experts, this is an incredibly strong tailwind for a traditionally new product.
All of the recently issued <a href="http://bitcoin.org" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> exchange-traded funds (ETFs) have now established themselves firmly in the market, after a rocky beginning. Four of the eleven exchange-traded funds have had net inflows of more than $1 billion. <a href="https://thenewscrypto.com/fidelitys-bitcoin-etf-second-to-surpass-1b-aum-in-one-week/" target="_blank" rel="noopener noreferrer nofollow">Fidelity</a> is now the second most successful Bitcoin ETF, behind only Blackrock. With a current total of $4.5 billion in assets under management, Fidelity is currently holding $3.7 billion in net inflows.
With net inflows above $1 billion, <a href="https://www.ark-invest.com/" target="_blank" rel="noopener noreferrer nofollow">Ark Invest</a> and Bitwise, respectively, have taken third and fourth place on the list. Strong trading activity among these Bitcoin exchange-traded funds (ETFs) indicates that market sentiment has improved toward the crypto asset.
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Blackrock’s Bitcoin ETF Dominates Market with Record Inflows

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