World · Institutional · Global ·
BlackRock Bitcoin ETF and spot funds attract $853M in strongest week since April
US spot Bitcoin exchange-traded funds recorded $853.54 million in net inflows in the week ending August 10, their best showing since mid-April, with BlackRock's IBIT ETF claiming the bulk of inflows. The surge marks renewed institutional demand for direct Bitcoin exposure.
Why it matters for the crypto market
Large institutional Bitcoin ETF inflows signal growing appetite from traditional asset managers and capital allocators entering the market.
Source: CoinDesk
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