Knowledge from Bloomberg Intelligence exhibits the spot funds noticed internet inflows of $790 million at the same time as the worth of bitcoin (BTC) tumbled 7%. Main the way in which was what’s now the most important of the spot ETFs, BlackRock’s iShares Bitcoin Belief (IBIT), the place inflows topped $1 billion, offsetting by itself what proceed to be sizable outflows from the high-fee Grayscale Bitcoin Belief (GBTC).
