BlackRock's IBIT Bucks the Trend with Continued Inflows Despite Weak Bitcoin Price Action
Yahoo Finance·2025-10-14 09:02
U.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets on the market, bucked the broader trend by continuing to see inflows. Over the past two trading sessions, IBIT has recorded $134 million in new inflows, even as bitcoin’s price fell from $122,000 to $107,000. The fund has now logged ...