blackrock etf

Why are the newly launched Bitcoin ETFs attracting so much capital?

Post author By Adam
Post date 2024/01/21

There are several reasons why the newly launched Bitcoin ETFs are attracting so much capital, including: What is the impact of the new ETFs on Grayscale Bitcoin Trust (GBTC)? The launch of the new Bitcoin ETFs has had a significant impact on GBTC. GBTC is a closed-end fund that tracks the price of Bitcoin. It […]

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Cryptocurrency

What is the significance of BlackRock’s spot Bitcoin ETF reaching $1 billion in assets under management?

Post author By Adam
Post date 2024/01/20

BlackRock’s spot Bitcoin ETF reaching $1 billion in assets under management is a significant milestone for several reasons. First, it demonstrates the growing institutional interest in Bitcoin. BlackRock is the world’s largest asset manager, with over $10 trillion in assets under management. Their approval of a spot Bitcoin ETF signals to other institutional investors that […]