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Tag: Bitcoin fund

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BlackRock Bitcoin fund wins best new ETF on $643M inflow day

ETF analyst Eric Balchunas said he is “pretty sure this is how I voted,” amid the spot Bitcoin ETF posting a “massive” inflow day not seen since late January. BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April…
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BlackRock Bitcoin fund sheds $420M as ETF losing streak hits day 7

BlackRock’s iShares Bitcoin Trust has just recorded its biggest single day outflow since launching in 2024. Investors in BlackRock iShares Bitcoin Trust pulled out a record $420 million from the fund in a day as Bitcoin sunk to yearly lows. BlackRock’s spot Bitcoin ETF (IBIT) shed 5,000 BTC on Feb. 26, its largest outflow to date,…
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