BlackRock’s iShares Bitcoin Trust pulls in $665.2 million as ether ETFs bleed
The contrasting inflows highlight a growing institutional preference for Bitcoin over Ether, potentially shaping future crypto investment trends. The post BlackRock’s iShares Bitcoin Trust pulls in $665.2 million as ether ETFs bleed appeared first on Crypto Briefing.
AI summary
BlackRock's iShares Bitcoin Trust attracted $665.2 million in inflows while ether ETFs saw net outflows, underscoring a growing institutional preference for Bitcoin over Ether. The size of the single-day IBIT inflow signals sustained institutional demand for spot Bitcoin exposure. Traders may read the divergence as a relative-strength signal favoring BTC over ETH in the near term.
Narrative history
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55M AGOU.Today · Score 75 · via BlackRock, Bitcoin ETF
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1H AGOYou’re reading thisBlackRock’s iShares Bitcoin Trust pulls in $665.2 million as ether ETFs bleedCrypto Briefing · Score 65
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4H AGOBitcoin.com News · Score 75 · via Blackrock Files, Blackrock
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8H AGOThe Block · Score 65 · via BlackRock files, BlackRock
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8H AGOCrypto Briefing · Score 65 · via iShares Bitcoin, iShares
