BlackRock Bitcoin Spot ETF Records Largest Number of Inflows Since Launch… Further Inflows Expected

BlackRock's Bitcoin exchange-traded index fund (ETF) recorded its largest day of inflows since the ETF was launched in January.
On the 30th (local time), Cointelegraph cited data from CoinGlass and reported that BlackRock's Bitcoin spot ETF iShares Bitcoin Trust (IBI
T) recorded an inflow of $875 million, the largest inflow since the ETF was launched on January 11 this year.
This figure surpasses IBIT's previous record of $849 million set on March 12 and marks the 13th consecutive day of record highs of approximately $4.08 billion.
Traders are hopeful that more than $1 billion could flow in on the day ahead.
He is a cryptocurrency trader with over 70,000 followers.
Trading Axe, a cryptocurrency trader, said on Twitter that "$1 billion inflow, no joke."
"It'll definitely hit over $1 billion on peak day," The Caller predicted to his 164,000-plus followers.
BlackRock's performance dwarfed the other 10 U.S.-listed physical Bitcoin ETFs, which accounted for 21% of the total.
The Fidelity Wise Origin Bitcoin Fund recorded an inflow of $300,000 (approximately 3,249,610,000 yen).
The Bitwise Bitcoin ETF, FBTC, came in second with $12.6 million.
BITB was the worst performer with outflows of $23.9 million.