The post BlackRock Boosts Bitcoin ETF Inflows appeared first on Coinpedia Fintech News
September 30, 2024, marked a moderate inflow of $61.3M, which is a significant milestone for Bitcoin ETFs. The minor boost hit the total net inflow of $1.26 billion for September as the BTC price hiked by 7%. Notably, BlackRock’s IBIT ETF continued its impressive 6-day inflow streak adding 8,877 $BTC worth $571 million. In contrast, Ethereum ETFs remain silent with a $0.8 million outflow. Amid the minor slowdown in the BTC and ETH prices, the ETF market reveals the institutional buying spree.
