The post Trump’s Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27 appeared on BitcoinEthereumNews.com.

An asset manager weighs in on Trump’s Bitcoin push, spot Ether ETFs record $107 million on debut day: Hodler’s Digest BlackRocks spot Bitcoin exchange-traded fund (ETF) notched its biggest day of inflows in over four months, with over $523 million entering the fund on July 23. The iShares Bitcoin Trust ETF (IBIT) scooped up 7,759 Bitcoin on July 22 worth just over $523 million at the time of writing according to Hey Apollo data cited by its co-founder, Julian Fahrer, in a July 23 post on X. The July 22 inflows bring the total assets under management for IBIT to 333,000 BTC, worth around $22 billion at current prices. It marks the seventh-largest day of record for inflows into IBIT in United States dollars.IBIT witnessed its largest single day of inflows on March 18, when $849 million worth of BTC was added to the fund. Read more Source: https://cointelegraph.com/magazine/donald-trump-bitcoin-spot-ether-etf-debut-trading-hodlers-digest-cointelegraph-magazine/?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ July 29, 2024 9:24 am