Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge!
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Adam Back has made a strong prediction that trillions of dollars will soon flood into Bitcoin ETFs, with BlackRock leading the charge. On July 29, Bitcoin ETFs experienced a significant inflow of $124.1 million, coinciding with a dip in Bitcoin's price to $66,000. BlackRock's IBIT ETF was particularly successful, attracting $205.6 million in inflows, which was the largest since July 22. This brought IBIT's total net inflows to an impressive $19.9 billion. Meanwhile, Grayscale's GBTC ETF saw contrasting performance.
Source: coinpedia.org ↗
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