iShares Trust Price & Performance (ITDG)

BlackRock's iShares Bitcoin Trust (IBIT) has experienced a dramatic resurgence, adding $538 million in Bitcoin reserves over just three days. The fund's recent performance highlights a renewed investor confidence in Bitcoin ETFs, particularly as IBIT dominates the U.S. market with over 50% of daily trading volume.12

Bitcoin ETFs have reversed their earlier bearish trends, recording significant inflows, with BlackRock's IBIT leading the charge. This comes as Ethereum ETFs struggle, experiencing outflows of $50 million, while Bitcoin ETFs added $209 million in a single day, signaling a shift in investor sentiment toward Bitcoin.13

Ripple's CEO announced the SEC's potential withdrawal of its appeal concerning XRP's favorable ruling. This decision could significantly impact the cryptocurrency's ETF filings. Investors remain cautious, as XRP's price dipped 2.27% on March 21, while the broader crypto market saw a slight decline of 0.44%.14