$107M Flows Into BlackRock's IBIT for the 9th Straight Day
Unpacking the Surge in Investments for the World's Leading crypto Trust Picture this: an investment trust so magnetic, it pulls in a whopping $107 million on a single day, marking its ninth consecutive day of investment influx That's the kind of show-stopping performance the iShares bitcoin Trust (IBIT) managed by BlackRock, the globe's premier asset manager, is delivering Since July 8, the inflow hasn't stopped, signaling a bullish stance from investors that's hard to ignore The Buzz Around IBIT The crypto world is no stranger to highs and lows, but IBIT's recent streak is worth a double take Thomas Fahrer, the visionary behind the crypto data vanguard Apollo, pointed out that out of these nine remarkable days, seven saw investments exceeding $100 million each...
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