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BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT had the most successful launch in over 10 years, with $418.8 million in net flows on Dec. 16. IBIT has surpassed other ETFs in terms of lifetime inflows since 2014, amassing $36.3 billion in net flows and achieving significant daily inflows. Analysts view crypto ETFs as a key driver of Bitcoin’s growth, with total assets under management reaching $130 billion.
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