BlackRock's spot Bitcoin ETF currently manages total assets of $10 billion
BlackRock's spot Bitcoin exchange-traded fund currently manages total assets of $10 billion, but due to the surge in Bitcoin prices, the fund may soon surpass the $20 billion mark. Bloomberg senior ETF analyst Eric Balchunas stated that he wrote on X that reaching the second "$100 billion will be easier because market appreciation has become a larger variable."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Expectations for a Fed rate cut in December weaken, leading to widespread declines in stocks, bonds, and currencies
Data: Since the plunge at 1011, "Machi" has made 18 trades, winning only 5 times.