Crypto
Ishares Bitcoin Trust Sees $184 Million Surge Amid BTC Rally
The IShares Bitcoin Trust's registered fund, IBIT, attracted nearly $184 million in fresh inflows on September 18, underscoring a renewed institutional interest in Bitcoin exposure. This influx brought the fund's assets under management to a substantial $60.06 billion, with the latest flow representing roughly 0.31% of AUM.
The related asset, BTC-USD, is currently trading at $80,471.99 after gaining about 26.07% over the past three months. This robust price momentum in Bitcoin likely contributed to the steady ETF inflows, as traditional market participants continue to integrate digital assets into core allocation strategies.