Markets· ★★★· bullish·

BlackRock's IBIT bought $1.08B in BTC over 20 days, GBTC sold $254.7M

  • —BlackRock's IBIT bought $1.08 billion worth of BTC over 20 days
  • —IBIT recorded inflows on 7 of the 20 days
  • —Grayscale's GBTC sold $254.7 million worth of BTC over the same period
Why it matters: IBIT remains the main channel for institutional bitcoin demand, while GBTC continues to lose ground.
#BTC
Source: PANews
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