An asset manager weighs in on Trump’s Bitcoin push, spot Ether ETFs record $107 million on debut day: Hodler’s Digest
BlackRocks spot Bitcoin exchange-traded fund (ETF) notched its biggest day of inflows in over four months, with over $523 million entering the fund on July 23.
The iShares Bitcoin Trust ETF (IBIT) scooped up 7,759 Bitcoin on July 22 worth just over $523 million at the time of writing according to Hey Apollo data cited by its co-founder, Julian Fahrer, in a July 23 post on X.
The July 22 inflows bring the total assets under management for IBIT to 333,000 BTC, worth around $22 billion at current prices. It marks the seventh-largest day of record for inflows into IBIT in United States dollars.IBIT witnessed its largest single day of inflows on March 18, when $849 million worth of BTC was added to the fund.
