BlackRock's iShares Achieves Remarkable $192 Million Inflows

Krutika Adani

Blackrock’s IBIT garnered $192 million in daily inflows on Thursday, April 11, 2024.

IBIT has claimed the first position among top gainers in Spot Bitcoin ETFs.

Bitwise remains a distant second with just $11.1 million in inflows on April 11, 2024.

The strong ETF inflow can be attributed to Bitcoin crossing $70k, which has proved to be a tough resistance lately.

The inflows are still lower than their previous records due to macroeconomic uncertainty and the upcoming halving event