In the middle of a market meltdown all around the world, Blackrock’s iShares Bitcoin Trust (IBIT), a Bitcoin ETF, keeps seeing inflow.
The only Bitcoin ETF in the US that saw inflows in the past two days is the iShares Bitcoin Trust (IBIT), while all other ETFs experienced no inflows or even outflows.
Blackrock’s IBIT Almost Clocked 200k BTC In March
In just under two months of its launch, the BlackRock iShares Bitcoin ETF (IBIT) managed to accumulate more Bitcoin (BTC) than MicroStrategy (MSTR).
As per disclosure by the fund at the start of March, IBIT held more than 195k Bitcoin after a significant inflow. On the other hand, the most recent public statements from MicroStrategy indicate the company held 193k tokens at the end of February.
Since then, MicroStrategy may have added to that total, as the company announced a $700 million capital raise earlier this week to purchase more Bitcoin. Since the launch of spot ETFs during the first week of January.
BlackRo
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