Cryptocurrency Q&A
Does Blackrock have a spot Bitcoin BTC exchange-traded fund?
Does Blackrock have a spot Bitcoin BTC exchange-traded fund?
Lorenzo
Sun Jul 07 2024
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5 answers
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Excuse me, I'm curious to know if BlackRock, a renowned financial institution, has ventured into the world of cryptocurrency investments. Specifically, I'm wondering if they offer a Bitcoin (BTC) exchange-traded fund (ETF). Given the increasing popularity and potential of Bitcoin as a digital asset, it would be quite noteworthy if BlackRock had decided to offer such a product to its investors. I'd appreciate any information you can provide on this matter.
5 answers
amelia_doe_explorer
Tue Jul 09 2024
The investment giant has recently expanded its portfolio by adding IBIT to its income and bond-focused funds.
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Daniela
Mon Jul 08 2024
This significant holding demonstrates the growing interest and confidence in bitcoin as an investment asset.
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CryptoMagician
Mon Jul 08 2024
On Tuesday, the company witnessed a significant inflow of $102 million into its spot bitcoin (BTC) exchange-traded fund (ETF).
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ethan_thompson_journalist
Mon Jul 08 2024
This influx has propelled BlackRock's ETF to become the largest of its kind, surpassing Grayscale's GBTC in market size.
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BusanBeautyBloomingStarShine
Mon Jul 08 2024
As of Wednesday morning, IBIT holds nearly $20 billion worth of bitcoin, according to its product page.
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