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News Explorer — BlackRock's IShares Bitcoin ETF Attracted $778.3 Million, Contributing to the $10 Billion Record Trading Volume of All Bitcoin ETFs

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Mar 6, 6:18 pm
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BlackRock's IShares Bitcoin ETF Attracted $778.3 Million, Contributing to the $10 Billion Record Trading Volume of All Bitcoin ETFs

Bitcoin experienced a volatile day, reaching a new all-time high above $69,000 before dropping below $61,000. BlackRock's iShares Bitcoin ETF saw significant inflows of $778.3 million worth of Bitcoin, with the fund's assets under management reaching a record 183,345 BTC. The approval of spot Bitcoin ETFs by the SEC in January has led to a surge in trading volume, with all 10 Bitcoin ETFs collectively seeing a record $10 billion worth of volume on Tuesday.

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