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Crypto

BlackRock's Crypto ETFs Soar with Over $500 Million Inflows

Guavy AI Editorial Team
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BlackRock's U.S. cryptocurrency exchange-traded funds (ETFs) attracted over $500 million in net inflows on September 21, coinciding with a significant rally in Bitcoin and Ethereum.

The iShares Bitcoin Trust (IBIT) recorded the largest inflow at $381.4 million, while BlackRock's Ethereum-focused products, the iShares Ethereum Trust (ETHA) and iShares Staked Ethereum Trust (ETHB), brought in $110.1 million and $12.8 million respectively.

This influx of capital is part of a broader trend, with U.S. spot Bitcoin ETFs recording $999 million in net inflows on the same day and spot Ethereum ETFs adding another $270 million. The combined total for both categories was approximately $1.27 billion.

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