BlackRock Bitcoin ETF hits record high: $788 million inflows in a single day
Bitcoin hit a new high of $69K yesterday, and the Bitcoin spot ETF also set a new record. BlackRock's IBIT saw a daily inflow of $788 million on the U.S. trading day of 3/5, marking its highest daily inflow to date. Despite outflows of $332 million from Grayscale's GBTC, overall ETF inflows amounted to $648 million.
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Yesterday, Bitcoin hit a new high of $69,000, and the Bitcoin spot ETF also set a new record. BlackRock's IBIT saw a daily inflow of $788 million on the US trading day of 3/5, marking its highest daily inflow record. Despite Grayscale's GBTC outflow of $332 million, overall ETF inflows reached $648 million.
Bitcoin reached $69,000, with spot ETF trading volume exceeding tens of billions of dollars, setting historical new highs