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BlackRock's IBIT Smashes Records: $116M Inflow as Bitcoin ETF Streak Continues

July 21, 202610:45 AM
BlackRock's IBIT Smashes Records: $116M Inflow as Bitcoin ETF Streak Continues

Institutional appetite for Bitcoin is reaching new heights. US spot Bitcoin ETFs surged with $226.92 million in inflows this Monday, marking a five-session winning streak that represents the longest inflow period since May. BlackRock's IBIT led the charge, pulling in a massive $116 million as big money continues to rotate into digital assets.

The momentum isn't isolated to Bitcoin; Ether, XRP, and Solana funds also kicked off the week with positive gains. While HYPE ETFs remained quiet, Bitwise funds spearheaded the gains for XRP and Solana ETFs, suggesting that institutional investors are broadening their crypto portfolios beyond just the primary asset.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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