BlackRock’s BTC ETF Inflows Beat The "Magnificent Seven" Tech Stocks With $19B Inflows Year-To-Date (YTD). #GotBitcoin

These substantial inflows make Bitcoin the world’s second-biggest asset class in terms of inflows this year, despite Bitcoin's market size being 90 times smaller than that of equities. This surge underscores the growing investor appetite for Bitcoin as a significant financial asset.

Inflows into BlackRock’s Bitcoin exchange-traded fund (ETF) have surpassed those into the "magnificent seven" stocks in 2024, which include tech giants Microsoft, Apple, Tesla, Amazon, Meta, Alphabet, and Nvidia.

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