BlackRock CEO Larry Fink said he is “bullish on the long term viability of Bitcoin” and thinks an ETH exchange traded fund (ETF) may still be possible even if the U.S. Securities and Exchange Commission (SEC) brands ETH a security. In an interview with Fox Business on Wednesday, BlackRock’s Fink was asked about the recently…
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BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has seen a record daily inflow of $788 million on Tuesday, as the crypto trading frenzy shows little signs of slowing down. On Tuesday, Bitcoin reached a new all-time high of $69,000 boosting sentiment. The largest cryptocurrency is now trading at $65,700 during Asia hours…
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BlackRock’s Bitcoin ETF, IBIT, has shattered another record for daily inflows, absorbing $788.3 million from investors Tuesday alone. All that money goes straight into buying more Bitcoin (BTC), which the company holds with Coinbase and uses to directly back its shares. Less than two months after launch, BlackRock has now absorbed over $9.1 billion in…
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Source: DALL·E BlackRock’s recently launched iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, just hit a new milestone. As of Friday, it holds just over 70,000 BTC tokens, worth just north of $3 billion at the current Bitcoin price around $43,200. JUST IN: BlackRock now holds 70,005 $BTC worth over $2.98 billion for their spot…
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