BlackRock’s Bitcoin ETF: Records No Inflows for First Time

BlackRock’s Bitcoin ETF hits $0 for the first time.

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The 71-day-long inflow streak ended for BlackRock on April 24 after it recorded $0 of inflows.

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Most of the other Bitcoin ETF participants witnessed a dry spell as well.

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One of the first Bitcoin ETFs, Grayscale Bitcoin Trust ETF (GBTC), continued to shed off investments.

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While the lack of inflows is a first for IBIT, the one-off event does not signal any negative implications

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