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Crypto Mission
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šŸ”“ BlackRock reports $180 million inflow into its Bitcoin ETF šŸ“ˆ All spot Bitcoin ETFs recorded a total inflow of $496.7 million, highlighting growing investor interest. šŸšØ While BlackRock's ETF gained $180 million, other funds like Fidelity Wise Bitcoin Origin Fund and Ark 21Shares Bitcoin ETF saw outflows of $33.2 million and $47.4 million, respectively. šŸ› After the Fed's decision to lower interest rates, Bitcoin surged to $60,000, which increased interest in ETFs. šŸ”„ BlackRock has updated its rules regarding BTC withdrawals by custodian Coinbase, requiring withdrawals to be processed within 12 hours, in response to rising investor demands for transparency.
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