BlackRock's spot Bitcoin ETF witnessed a significant surge in investments, with inflows reaching $875 million on October 30. This marks a new record, as the figure surpassed the previous highest inflow by approximately 3%.
The increased interest in the ETF reflects a broader enthusiasm in the crypto market, signaling confidence among investors amidst a rally in Bitcoin's value.
This development highlights BlackRock's prominence in the cryptocurrency investment landscape and the growing institutional participation in the crypto market.
Source : cointelegraph.com ↗