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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 […]

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Cryptocurrency Trending

Bitcoin ETFs Reach Near $1B in Net Inflows After Three Days

Post author By Adam
Post date 2024/01/18

Newly Approved Bitcoin ETFs Draw Investor Interest The approval of Bitcoin ETFs in the United States has spurred a surge of investor interest in the cryptocurrency, as evidenced by the nearly $1 billion in net inflows to these funds after just three days of trading. On January 13, 2024, the U.S. Securities and Exchange Commission […]