BlackRock Bitcoin ETF Inflows Reach $26 Billion, 90% of Investors Buy the Dip

BTC1.32%

Gate News Report, March 15 — The head of BlackRock’s Digital Assets division revealed during a live broadcast that among the top 20 global ETF fund inflows, only BlackRock’s Bitcoin ETF has a negative return; all other ETFs are in profit. Currently, BlackRock’s Bitcoin ETF has attracted $26 billion in inflows, ranking fourth worldwide. The executive pointed out that this phenomenon reflects Bitcoin’s current phase of intense turnover and long-term accumulation. Additionally, 90% of investors in BlackRock’s Bitcoin ETF are buying more as prices fall, while only 10% of hedge funds are engaging in short-term high-frequency trading through basis trading.

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