"BlackRock's Bitcoin ETF Surges with $778 Million Amid Record BTC Addition"

BlackRock's iShares Bitcoin ETF (IBIT) saw inflows of $778.3 million worth of Bitcoin, adding 12,447.3 BTC at an average price of just above $62,500, likely buying the dip after Bitcoin's all-time high. The fund's assets under management hit a record 183,345 BTC, with BlackRock leading the charge for spot Bitcoin exchange-traded funds in the United States. All 10 spot Bitcoin ETFs collectively saw a record $10 billion worth of volume on Tuesday, with Bitcoin's price rebounding to $67,175 as of the latest update.