Bitcoin ETFs Just Had Their Biggest Day Since May—BlackRock Took 83% of It
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
Bitcoin ETFs Post $606 Million Inflow Day, Biggest Since May, as BlackRock Takes 83% - CryptoGazette
US spot Bitcoin ETFs drew $606.29 million on Thursday, their biggest day since 1 May, with BlackRock's IBIT taking 83%. Flows totalled $1.61 billion in four s The post Bitcoin ETFs Post $606 Million Inflow Day, Biggest Since May, as BlackRock Takes 83% appeared first on CryptoGazette.
The listed funds that invest directly in bitcoin recorded net inflows of $606.29 million on August 20, the largest daily flow since May 1st. Four days in a row of institutional purchases have again put the focus on ETF spot demand, with BlackRock hoarding more than 80% of the total. What's behind the daily record The BlackRock fund, IBIT, channeled $502.99 million on August 20th. It accounts for more than 80% of the daily total and confirms the …
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
