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Bitcoin (BTC) Price Hits $65,000, BlackRock’s IBIT Adds $184 Million in Funding

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.

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