Blackrock's Bitcoin ETF Adds 12,623 BTC in Largest Single-Day | Crypto | Ethereum | Bitcoin

Blackrock's Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), amassed the largest single-day bitcoin purchase since its Jan. 11 launch on Tuesday. This buying surge coincided with a bitcoin price correction, following the cryptocurrency’s new all-time high set just hours earlier. On Tuesday, IBIT saw a record inflow of $788.3 million, pushing the total net inflow for all 10 new spot bitcoin ETFs to $648.3 million.

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