The 71-Day Inflow Boom ends for BlackRock

For 71 days in a row, BlackRock Inc.’s Bitcoin fund enjoyed a remarkable run, amassing almost $18 billion in one of the biggest exchange-traded fund launches ever. Now, investors have stopped piling in as the crypto fever eases.

(Bloomberg) -- For 71 days in a row, BlackRock Inc.’s Bitcoin fund enjoyed a remarkable run, amassing almost $18 billion in one of the biggest exchange-traded fund launches ever. Now, investors have stopped piling in as the crypto fever eases.Most Read from BloombergMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesZuckerberg Asks for P