BlackRock IBIT Records Highest Net Inflow of $875 Million, According to Bloomberg Terminal
BlackRock’s iShares Blockchain and Tech ETF (IBIT) experienced a record-breaking net inflow of $875 million on October 30, 2023, as reported by Bloomberg Terminal. This significant milestone underscores the growing investor interest in blockchain technology and the confidence in BlackRock’s ability to capitalize on this emerging sector. The substantial inflow of funds into IBIT demonstrates the market’s positive sentiment towards blockchain-related investments and the potential for future growth in this space.