Analyst forecasts $110K Bitcoin price, BlackRock sees $1 billion in daily inflows into spot Bitcoin ETF, and more: Hodler’s Digest
The worlds largest asset manager, BlackRock, accumulated more than $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs.
On Nov. 7, BlackRocks iShares Bitcoin Trust ETF (IBIT) clocked $1.1 billion in inflows, reclaiming inflow status after two consecutive days of outflows totaling $113.3 million, according to Farside data.
It came on a day when Bitcoin again hit all-time highs, reaching $76,943, according to CoinMarketCap data.