BlackRock Bitcoin Spot ETF IBIT hits new high: $788 million inflows in a single day
Recently, the price of Bitcoin surged to a new high of $69K, while the Bitcoin spot ETF also set a new record. IBIT, a subsidiary of BlackRock, achieved a daily inflow of US$788 million on March 5, the US trading day, setting a record for the highest single-day inflow. Although Grayscale’s GBTC experienced an outflow of US$332 million, overall, the total inflow of ETF funds reached US$648 million.
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