Ibit sees 358 million USD inflows: the ishares Bitcoin trust fund reported inflows of over 358 million USD on december 9, despite Bitcoin’s price drop to approximately 94,000 USD. This surge underscores the ongoing institutional interest in this cryptocurrency market and highlights blackrock’s robust performance.

Blackrock ETF hits 50 billion aum: blackrock’s Bitcoin ETF reached an all-time HIGH of 50 billion USD in assets under management (aum), outpacing others by achieving this in only 228 days. This performance contrasts sharply with the 5.5 years that the gold ETF gld took to hit similar figures and showcases significant institutional demand.