The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment.
BlackRock’s spot Bitcoin exchange-traded fund has continued to gather millions from investors since last Monday, despite a sharp fall in positive Bitcoin commentary.
The BlackRock-issued iShares Bitcoin Trust (IBIT) saw another $107 million in inflows on July 18 — marking the ninth straight day of inflows, according to Thomas Fahrer, co-founder of crypto data platform Apollo.
Seven of those nine days saw flows over $100 million, a feat rarely achieved in the ETF industry.
