BlackRock's IBIT ETF experienced a leading inflow of $329.03 million, despite Bitcoin's market dip. This signifies strong investor confidence in spot Bitcoin exchange-traded funds (ETFs), showcasing resilience against market fluctuations.
Total inflows of $294.29 million were recorded on Monday, while Bitcoin's price fell from $69,227 to $66,975, representing a 3.25% decrease.
The consistent investment in Bitcoin ETFs, despite recent market challenges, highlights ongoing interest in Bitcoin as a long-term asset.
Source : www.thecoinrepublic.com ↗