List of Flash News about BlackRock IBIT inflows
Time | Details |
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2025-05-26 10:04 |
Bitcoin Price Dips to $106K and Rebounds to $110K Amid 30-Day BlackRock IBIT Inflows: Crypto Resilience Shines as TQQQ Outflows Signal Rotation
According to QCP (@QCPgroup), Bitcoin ($BTC) experienced a sharp dip to $106,000 before rebounding to $110,000, supported by 30 consecutive days of inflows into the BlackRock IBIT ETF. This consistent institutional buying demonstrates increasing confidence in Bitcoin, especially as TQQQ, a popular leveraged tech ETF, faces significant outflows that indicate possible portfolio rotation or hedging strategies. In an environment of rapidly shifting monetary policy, these flows highlight cryptocurrency’s growing role as a stable asset class, potentially attracting more traders seeking reliability compared to traditional equities (Source: QCP on Twitter, May 26, 2025). |