BlackRock’s Bitcoin ETF (IBIT) achieved significant inflows, reaching a total of $19.5 billion. On July 22, 2024, the ETF witnessed an influx of $500 million. Presently, IBIT holds over 325,000 BTC, valued at $22.5 billion. The share price of IBIT has surged by 20% in the last two weeks. BlackRock plans to launch a spot Ethereum ETF with a management fee of 0.25%.