BlackRock's IBIT Enters Top 20 ETFs by Assets, Sees Biggest Inflow Since Mid-August

Farside data shows that bitcoin U.S. exchange-traded funds (ETFs) recorded their largest inflow since Sept. 10, with $675.8 million. BlackRock’s iShares Bitcoin Trust (IBIT) captured the majority, taking in $405.5 million, it's biggest inflow since Aug. 14 and pushing its total net inflows to $61.376 billion. The surge coincided with bitcoin climbing over $119,000, a 4% gain on the day. According to Bloomberg Senior ETF Analyst Eric Balchunas, IBIT has entered the top 20 ETFs by assets for the first time ...