BlackRock's Bitcoin ETF, identified as IBIT, recorded substantial inflows amounting to $358 million on a recent Monday, even as the cryptocurrency market faced considerable volatility. Bitcoin's price fell to $94,000, yet IBIT maintained strong inflows.
Bitcoin suffered a drop of over 5% following an unsuccessful attempt to surpass the $100,000 mark. This price decrease also impacted altcoins, resulting in the elimination of leveraged positions in the market.
