Posted 3/13/2024, 5:46:27 PM
Bitcoin ETF Inflows Hit Record $1B on Tuesday, Led by BlackRock's IBIT at $850M
- Inflows to 10 spot Bitcoin ETFs hit record $1B on Tuesday, led by BlackRock's IBIT at $850M
- IBIT has received over $11B in inflows since launching on Jan 11, far above other new ETFs
- Total inflows to all 10 ETFs now over $11B; previous one-day record was $673M in late February
- Grayscale Bitcoin Trust (GBTC) saw $79M outflows Tuesday, small relative to previous days
- The 10 new ETFs have accumulated over $60B assets under management, with IBIT at over $15B
