IBIT Records Fresh Inflows as BTC-USD Trades at Record High
The IShares Bitcoin Trust Registered (IBIT) has seen fresh inflows of $10.66 million, boosting its assets under management to around $61.61 billion.
This influx is a relatively modest 0.017% increase in AUM but represents a notable vote of confidence from investors.
The related asset BTC-USD is currently trading at approximately $77,944.94 after experiencing nearly a 27.6% gain over the past three months.
Despite this significant price rally, the short-term technical picture remains cautious, with a one-day signal of 'Hold' indicating that traders are weighing profit-taking against potential further upside.