Bitcoin

The post <a href="https://coinpedia.org/crypto-live-news/blackrocks-ibit-etf-with-70-75m-surge-outshines-competitors/" rel="noopener noreferrer nofollow">BlackRock’s IBIT ETF with $70.75M Surge Outshines Competitors!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
On July 25th, BlackRock’s IBIT ETF recorded a significant 1-day net inflow of $70.75 million, contributing to a cumulative net inflow of $19.7 billion. Fidelity’s FBTC ETF also showed strength with a positive net inflow, bringing its cumulative total to $9.99 billion. In contrast, Grayscale’s GBTC ETF experienced a notable net outflow of $39.59 million.
Remarkably, BlackRock’s IBIT ETF has only witnessed one day of net negative inflow throughout its history. Currently, IBIT holds a 1.70% share of the total Bitcoin market cap, reflecting the ratio of the ETF’s net asset value to the overall market cap of Bitcoin.

BlackRock’s IBIT ETF with $70.75M Surge Outshines Competitors!

CoinPedia News

Inne artykuły opublikowane 26 lip 2024

Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First

Elon Musk Removes Crypto Emojis

New Memecoin Pepe Eats Solana Will Skyrocket to $10 Million Ahead of Exchange Listing, As SHIB an...

Solana’s Bullish Breakout: Key Support Levels to Watch as ETF Hype Grows

Australia’s Big Banks Block Crypto Payments Amid Rising Crypto Popularity

Ethereum Spot ETFs Debut in U.S. Exchanges, Supported by Major Issuers

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!