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BlackRock Bitcoin ETF Outshines 13,227 Global Rivals With $2.2 Bln Inflow

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Summary
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65% Informative

BlackRock's iShares Bitcoin Trust ( IBIT ) generated more cash than any other Bitcoin ETF globally.

With an inflow of $2.2 billion this past week , the ETF has outranked 13,227 counterparts all over the world.

The consistent magnitude of the inflows suggest that institutional Fear of Missing Out (FOMO ) has kicked in.

Bitcoin (BTC) has signaled a notable rebound, especially with its price reaching as high as $73,300 recently.