CosmicDream
Thu Jul 11 2024
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6 answers
1364
Did Blackrock's spot bitcoin ETF reach $1 billion in inflows?
Has BlackRock's recently launched spot bitcoin exchange-traded fund (ETF) achieved a significant milestone of attracting $1 billion in total inflows since its inception? This question arises given the increasing interest in cryptocurrency investments, especially among institutional investors, and the potential that such a high influx of capital could signal broader market acceptance and potential growth for the product. The answer to this question would provide valuable insights into the current state of the cryptocurrency market, as well as BlackRock's ability to capitalize on this emerging asset class.
