BlackRock’s IBIT registers $318.8m inflows despite Bitcoin falling below $69K

Rony Roy

On Oct. 31, BlackRock’s spot Bitcoin ETF, IBIT, recorded a notable $318.8 million in net inflows despite a 4% dip in Bitcoin’s price, which dropped to around $68,800. According to data from Farside Investors, the latest capital influx followed IBIT’s…

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BlackRock’s IBIT registers $318.8m inflows despite Bitcoin falling below $69K