With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT), for instance, reported large inflows on Wednesday, with investors adding nearly $185 million of fresh money to the fund, according to Farside Investors. This followed an inflow of $98.9 million the previous day and comes after weeks of flows that were flat to negative alongside bitcoin’s poor price action.
Source: https://www.coindesk.com/markets/2024/09/26/bitcoin-hits-65k-for-first-time-since-early-august-with-renewed-investor-interest-in-the-spot-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines