Bitcoin ETFs Smash $1.19B Inflows Since July as BlackRock Leads — But Is a Correction Coming?
U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest inflows in nearly three months, showing a renewed wave of institutional interest as Bitcoin traded near record highs. According to data from Farside Investors, Bitcoin ETFs attracted $1.19 billion in net inflows on Monday, the highest single-day total since July 10, when inflows reached $1.18 billion. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the surge, accounting for more than 81% of total inflows with $970 million add ...