BlackRock's Bitcoin ETF hits record inflow amid crypto market rally

BlackRock's spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%.

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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has recorded its biggest day of inflows since its launch in January as crypto markets surged.

On Oct. 30, BlackRock’s spot Bitcoin ETF (IBIT) recorded inflows of $875 million, according to CoinGlass data. This marks the highest inflow day for IBIT since its launch on Jan. 11.

The figure has surpassed IBIT’s previous high of $849 million set on March 12, as per Farside data. It also marks the thirteenth consecutive inflow day for IBIT, totaling approximately $4.08 billion in inflows during the period.

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