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Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge!

Coinpedia LogoCoinpedia10h ago

Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia

Quick Summary:

BlackRock’s IBIT ETF was particularly successful, with a substantial $205.6 million inflow.

This marked the largest inflow since July 22, bringing IBIT’s total net inflows to $19.9 billion.

These Bitcoin ETF whales are likely to use a large part of their $5 trillion to buy and strengthen their Bitcoin positions.


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Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 1)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 2)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 3)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 4)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 5)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 6)Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge! - Coinpedia (Picture 7)

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 13:35:01 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21857103

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About Coinpedia

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 21 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "Adam Back Predicts Trillions Flooding into Bitcoin ETFs—BlackRock to Lead the Charge!" was covered 10 hours ago by Coinpedia, a news publisher based in United States.

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