Syed Salman Bukhariiii

💥 BlackRock’s IBIT captured 115% of Bitcoin ETF net inflows in one day BlackRock’s iShares Bitcoin Trust (IBIT) attracted $277.6 million on August 27, exceeding the $242.3 million net inflow recorded across all U.S. spot Bitcoin ETFs. That means IBIT accounted for roughly 115% of the market’s net inflow for the day. The unusual figure was driven by outflows from rival funds. Fidelity’s FBTC lost $83.6 million, while Grayscale’s GBTC saw $27.2 million in redemptions. Combined with other fund movements, every ETF outside IBIT recorded a net $35.3 million outflow. BlackRock’s dominance also extends across the recent rally. During the nine-session inflow streak since August 17, U.S. Bitcoin ETFs attracted around $3.05 billion, with IBIT accounting for approximately $2.3 billion, or 75.6% of the total. #Bitcoin #BlackRock #IBIT #BTCDrops3.4%To$77383 #ThuyBNB $BTC $BNB $NEAR