With BTC prices soaring, there has been renewed interest in flagging US-based spot bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT), for example, reported big inflows on Wednesday, with investors adding nearly $185 million of new money to the fund, according to Farside InvestorsThis follows an inflow of $98.9 million the previous day and comes after weeks of flat to negative flows along with poor bitcoin price action.
ABOUT AUTHOR
CATEGORIES
- The largest retail trade association in the U.S. is forecasting slower holiday spending
- Revenues of Italian luxury group Ferragamo fell by 7.2% in the third quarter, according to Reuters
- Month-end portfolio data for Federated Hermes Premier Municipal Income Fund from Investing.com
- Apple announces the new iPad mini, available to order now
- UnitedHealth forecasts 2025 earnings of up to $30 per share According to Reuters
- Citigroup C results for Q3 2024
- BofA Profit Falls on Weaker Interest Income Author: Reuters