CoinDesk·4 min read·medium
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
O
Omkar Godbole
✦AI Summary
Bitcoin spot ETFs saw $853 million in net inflows last week, the highest since April, with BlackRock's IBIT leading the surge. Analysts suggest this indicates a return of institutional interest despite a volatile year-to-date performance.
Bitcoin BTC $ 65,132.04 exchange-traded funds (ETFs) pulled in $853.54 million in net inflows for the week ended Aug. 7, the largest weekly total since mid-April, according to data from SoSoValue.
cryptoeconomybusiness
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in