BlackRock's Bitcoin ETF Sees Massive Inflows
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Insights by Echo AI
BlackRock's spot Bitcoin ETF, IBIT, recorded significant net inflows over two days. On September 2, it attracted $115 million, making it the top performer among U.S. crypto ETFs. The following day, it saw inflows of $454 million, bringing the total to over $560 million. Meanwhile, other major cryptocurrency ETFs like Ethereum, Solana, and XRP experienced outflows.
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