Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation
The post Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation appeared on BitcoinEthereumNews.com. Although inflows into spot bitcoin exchange-traded funds (ETFs) have tapered off, Blackrock’s Ishares Bitcoin Trust ETF has nonetheless drawn more than 20,000 BTC—valued north of $2 billion at current exchange rates—in just the past two weeks. From $23 to $59 per Share: IBIT’s 151% Leap Mirrors Bitcoin’s Relentless Climb Two weeks ago, Bitcoin.com News reported […] Source: https://news.bitcoin.com/blackrocks-bitcoin-stash-now-worth-72b-etf-swallows-3-44-of-btc-in-circulation/
The post Blackrock’s Bitcoin Stash Now Worth $72B—ETF Swallows 3.44% of BTC in Circulation appeared on BitcoinEthereumNews.com.
Although inflows into spot bitcoin exchange-traded funds (ETFs) have tapered off, Blackrock’s Ishares Bitcoin Trust ETF has nonetheless drawn more than 20,000 BTC—valued north of $2 billion at current exchange rates—in just the past two weeks. From $23 to $59 per Share: IBIT’s 151% Leap Mirrors Bitcoin’s Relentless Climb Two weeks ago, Bitcoin.com News reported […] Source: https://news.bitcoin.com/blackrocks-bitcoin-stash-now-worth-72b-etf-swallows-3-44-of-btc-in-circulation/
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