BlackRock's IBIT Records $195.6 Million Daily Bitcoin Inflow
BlackRock's iShares Bitcoin Trust (IBIT) purchased $195.6 million worth of Bitcoin in a single day, bringing its total inflows over the past month to $1.57 billion. While the broader US spot Bitcoin ETF category saw a net inflow of $102.67 million for the session, IBIT's individual performance offset net outflows from other funds. Over the last 30 days, IBIT has accounted for more than half of the $2.99 billion in total net inflows across all US spot Bitcoin ETFs. Bitcoin traded above $86,000 during this period.