BlackRock Edged Out As Spot Bitcoin ETF Returns To Inflows

On Thursday, BlackRock’s iShares Bitcoin Trust (IBIT) performed unexpectedly in the spot Bitcoin ETF market. Notably, IBIT registered net zero inflows despite the market’s resurgence. Meanwhile, Bitcoin (BTC) appears to be recovering from its strong selling pressure, which pushed the coin below $50,000 earlier. BTC price was trading at $58,291 at press time, registering a 0.5% increase […] source: https://www.thecoinrepublic.com/2024/09/13/blackrock-edged-out-as-spot-bitcoin-etf-returns-to-inflows/