fintech / news / / Finbold
BlackRock’s iShares Bitcoin Trust (IBIT) absorbed over half a billion dollars in two days.
BlackRock’s iShares Bitcoin Trust saw $505.7 million in net inflow over two days.
KEY POINTS
- IBIT’s net assets have grown to approximately $59.73 billion as of press time.
- Recent institutional inflows helped Bitcoin add nearly $86 billion in market capitalization this week.
- Bitcoin’s price is approaching a double top pattern, signaling a possible near-term reversal.
COMPANIES
Summarized by Newsio from Finbold. How we summarize →