Category: News

BlackRock’s Bitcoin ETF Crosses 1 Million BTC In Assets Under Management

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) on Wednesday experienced record-breaking inflows, signaling steadily increasing institutional interest towards cryptocurrency investments. What Happened: According to data from SoSoValue, IBIT saw an unprecedented $872 million in net inflows on Wednesday, surpassing its previous high set in March. This surge contributed to a total...
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Bitcoin Nears ATH As Daily OTC Desk Inflows Slip To 2024 Lows, Data Shows

As Bitcoin (BTC) continues to tease a new all-time high (ATH), daily over-the-counter (OTC) desk inflows have plummeted to yearly lows.  Bitcoin’s “Uptober” Narrative Remains Intact Bitcoin has overturned the sluggish start to its historically most bullish month, recording more than 13% gains in October and coming within reach...
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