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BlackRock's Bitcoin Fund Sees $3.7B Inflows, Reaches $62.6B Assets

Guavy AI Editorial Team
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BTC
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BlackRock's iShares Bitcoin Trust (IBIT) saw significant growth in the latest quarter, attracting $3.7 billion in net inflows and raising its assets under management to $62.6 billion.

This surge highlights IBIT's dominance in the US spot Bitcoin ETF market, as many competitors face net outflows.

The fund's growth is driven by both fresh investor capital and Bitcoin price increases, making it the primary gateway for institutional Bitcoin exposure in the US.

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