BlackRock splashed $2.6 billion on this crypto as market tanked

BlackRock’s spot Bitcoin ETF continued to attract heavy investor demand even as the cryptocurrency market ￰0￱ from October 6 to October 10 shows that the firm’s iShares Bitcoin Trust (IBIT) logged five straight days of inflows totaling roughly $2.63 billion, according to the latest on-chain data retrieved by Finbold from Coinglass on October ￰1￱ to ETF inflow data, IBIT recorded $970 million on October 6, $899.4 million on October 7, $426.2 million on October 8, $255.5 million on October 9, and $74.2 million on October ￰2￱ Bitcoin inflow chart.