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BlackRock's IBIT Enters Top 20 ETFs by Assets, Sees Biggest Inflow Since Mid-August

Farside data shows that bitcoin U.S. exchange-traded funds (ETFs) recorded their largest inflow since Sept. 10, with 675.8million.BlackRocksiSharesBitcoinTrust(IBIT)capturedthemajority,takingin675.8 million. BlackRock’s iShares Bitcoin Trust (IBIT) captured the majority, taking in 405.5 million, it's biggest inflow since Aug. 14 and pushing its total net inflows to 61.376billion.Thesurgecoincidedwithbitcoinclimbingover61.376 billion. The surge coincided with bitcoin climbing over 119,000, a 4% gain on the day. According to Bloomberg Senior ETF Analyst Eric Balchunas, IBIT has entered the top 20 ETFs by assets for the first time ...