BlackRock Bitcoin ETF Sees $523M Inflow, $912M Trading Volume, Surpasses QQQ in YTD Flows
BlackRock's Bitcoin ETF has seen a significant surge in inflows, with a single-day inflow of $523 million, adding 7,759 BTC.
This brings the total holdings to 333,000 BTC, valued at $22 billion.
The ETF has also surpassed the Nasdaq-tracking ETF, QQQ, in year-to-date net flows, with $18.9 billion compared to QQQ's $18.8 billion.
Additionally, BlackRock and Fidelity's combined Bitcoin ETF holdings now total 504,040 BTC, worth $33.8 billion. Today's trading volume for BlackRock's spot Bitcoin ETF was $912 million.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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