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iShares Bitcoin Trust (NASDAQ:IBIT) Trading Down 0.2% - What's Next?

  • Investor activity surged in US-listed spot Bitcoin ETFs this week.
  • This surge followed a market rebound for these funds that started last week.
  • Total weekly inflows reached $1.2 billion, increasing assets under management to $103.4 billion.
  • On Tuesday alone, these funds attracted nearly $1 billion in net inflows.
  • The substantial inflows suggest growing institutional demand for regulated digital asset products.
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The Crypto Basic broke the news in on Wednesday, April 23, 2025.
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