BlackRock Drives Bitcoin ETFs to Their Strongest Day in a Month

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Bitcoin exchange-traded funds recorded their largest single-day inflows in roughly a month, according to the source article. The surge was attributed almost entirely to BlackRock's bitcoin fund. Over the same period, Fidelity's FBTC saw outflows of $83.6 million and Grayscale's GBTC saw outflows of $54.9 million. The article's details suggest that BlackRock's gains outweighed the withdrawals from rival funds. The source report, however, does not give a precise total for the day's net flows, so the full scale of the shift remains unclear.

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