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Crypto

BlackRock Dominates $233 Million Bitcoin ETF Surge

Guavy AI Editorial Team
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BlackRock's iShares Bitcoin Trust (IBIT) dominated the latest surge in institutional investment into U.S. spot Bitcoin ETFs, attracting $183.4 million of the $233.1 million total inflows on July 30.

This was the strongest daily influx in more than three weeks, with IBIT capturing roughly 79% of all flows.

Despite this boost, Bitcoin's price continued to decline, falling below $64,000 and indicating persistent selling pressure.

The Ethereum ETFs also posted positive inflows, adding $13.3 million on July 30, led by BlackRock's ETHA with a net gain of $16.24 million.

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