BlackRock’s Bitcoin ETF Dominates U.S. Market, Attracting $3.5 Billion in Inflows

BlackRock’s iShares Bitcoin Trust has secured its position as the top-performing ETF in the U.S., drawing in a significant $3.5 billion in inflows last week. This influx of investment into Bitcoin reflects a growing trust from institutional investors, and follows seven consecutive days of positive inflows for Bitcoin ETFs. Notably, BlackRock’s iShares Bitcoin Trust (IBIT) has seen substantial growth, approaching $100 billion in assets under management, solidifying its lead in both the ETF and digital asset sectors.