✉news BusinessCrypto first seen 9 h ago, last 2 h ago, peak #17
BlackRock's Bitcoin ETF Pulls In $196 Million in a Day
Original: BlackRock's IBIT Took In $196 Million in a Day. Fidelity's FBTC Had One Positive Day All Week.
BlackRock's spot bitcoin ETF, IBIT, recorded $196 million in net inflows in a single day, highlighting its continued dominance in the bitcoin fund market. By contrast, Fidelity's FBTC fund managed only one day of positive flows all week, pointing to widening gaps in investor demand among competing bitcoin ETFs.
Why now: The stark contrast in flows between two of the largest bitcoin ETFs is drawing attention to shifting investor preferences in crypto funds.
Rank over time, top of the chart is #1. 3 snapshots from 5 h ago to 2 h ago.
Evidence
- BlackRock's IBIT Took In $196 Million in a Day. Fidelity's FBTC Had One Positive Day All Week. · 247wallst.com
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