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BlackRock Bitcoin ETF Pulls In $665 Million While Rivals Lose Money

Wall Street in New York's Financial District with flags hanging from buildings
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

TL;DR: BlackRock’s IBIT recorded roughly $665 million in net inflows on October 19, even as several other US spot Bitcoin ETFs saw investors take money out. A strong day for Bitcoin ETFs wasn’t quite as broad-based as the headline number suggests. BlackRock’s iShares Bitcoin Trust took in approximately $665.16 million on Monday, according to SoSoValue’s fund-flow figures, while the US spot Bitcoin

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