BlackRock ETF Sees $1.1B Inflow from BTC Investors Amid Price Surge

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BlackRock’s spot Bitcoin ETF surpassed $1 billion in daily inflows for the first time since its launch in January.

The world’s largest asset manager, BlackRock, accumulated more than $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs.

On Nov. 7, BlackRock’s spot Bitcoin ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data.

Bitcoin hits nearly $77,000


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