According to Eric Balchunas, $22 billion in Bitcoin ETFs traded in the last five days. BlackRock’s IBIT alone traded over $1 billion daily in the past week. ETF inflows resulted in an impressive rally for Bitcoin, with the price soaring above $60,000. Bloomberg’s Senior ETF Analyst, Eric Balchunas, observed a significant development in the spot The post BlackRock and Other ETFs Power Bitcoin’s Rally, Trade $22 Billion In 5 Days appeared first on Coin Edition .