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BlackRock IBIT's fund inflows yesterday hit the highest single-day inflow since March

CointimeCointime2024/07/23 14:07
By:Cointime

According to a report from Belard IBIT, on July 22, investor capital inflows reached $526.7 million, the highest single-day inflow since March. The latest on-chain data analysis from CryptoQuant shows that Bitcoin holders are clearly unwilling to sell their assets, indicating that as interest in Belard's Bitcoin ETF re-emerges, investor confidence in cryptocurrency continues to grow. The report further notes that a decrease in the willingness to sell assets may reduce the supply of Bitcoin in the market, coupled with stable or increasing demand, may further drive up prices.

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