The post BlackRock’s Bitcoin Buying Spree Ignites ETF Frenzy appeared first on Coinpedia Fintech News
On September 26th, the US Spot Bitcoin ETF market witnessed $364.8 million in inflows. However, the Ethereum ETF failed to gain momentum and stood at $0.5 million in net inflows. This significant inflow of almost $365 million in Bitcoin ETF has become the largest since July 23, the highest this month. As the significant catalyst of fueling the inflow, BlackRock’s IBIT added 5,873 BTC worth $376 million. Over the past three days, BlackRock’s Abbott has been on a buying spree and has accumulated 363.6k BTC worth almost $23.7 billion.