BlackRock's IBIT heads for fourth straight month of inflows
- —BTC slipped below $80,000 after the Fed held rates
- —The Fed did not rule out a December rate hike
- —BlackRock's IBIT is heading for a fourth straight month of inflows
- —US spot bitcoin ETFs have posted inflows for several days
Why it matters: Steady IBIT inflows into a weak price suggest institutional demand for bitcoin remains intact.
Source: Bithub