"BlackRock's Bitcoin ETF Surges to Top 5 in US ETP Capital Inflow"

BlackRock's iShares Bitcoin Trust (IBIT) has quickly become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, with $3.2 billion year-to-date. Meanwhile, Bitcoin traded in a tight range, ether gained 2%, and altcoin Hedera Hashgraph (HBAR) climbed 5% after announcing a partnership with the Saudi Ministry of Investment Association. Monero's XRM lost 8% following a 30% slump prompted by Binance's decision to stop listing the privacy token. Additionally, liquidity provider B2C2 secured regulatory approval in Luxembourg as a virtual asset service provider (VASP) to expand its presence in the European Union ahead of the EU's implementation of Markets in Crypto Assets (MiCA) regulation.
- First Mover Americas: BlackRock’s ETF Demand Ranks Among Top 5 CoinDesk
- BlackRock's Bitcoin ETF reaches top 0.2% of all ETFs so far this year Cointelegraph
- US handles 99% of global crypto product inflows as $708 million enters market CryptoSlate
- XRP and Cardano Turn Green in $708 Million ETF Rally U.Today
- BlackRock spot Bitcoin ETF enters top 5 US ETPs by capital inflow crypto.news
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