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Record $520 Million Floods into BlackRock Inc.ÔÇÖs Bitcoin ETF

In a stunning display of investor interest, a jaw-dropping $520 million poured into BlackRock Inc.’s Bitcoin ETF in just one day. This influx of funds shattered previous records and highlighted the fervor surrounding the cryptocurrency market.

The iShares Bitcoin Trust (ticker IBIT) experienced its largest influx of capital in a single day on Tuesday, surpassing all expectations. This remarkable influx of funds represents the highest daily investment in a new wave of US exchange-traded funds that focus on Bitcoin. Additionally, this massive infusion of capital ranks as the second-largest daily intake among all US ETFs across various asset classes, according to data compiled by Bloomberg. The momentum didn’t stop there, as trading activity remained brisk on Wednesday.

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